Funded

Total loan: $1,625
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Erdenesuren

Mongolia
Tuv, Mongolia / Butcher Shop

A loan of $1,625 helped to purchase a large amount of meat.


Erdenesuren's story

Erdenesuren is 53 years old and lives with her husband and son in Tuv province, Mongolia. She and her family live together in a ger, the Mongolian nomadic tent. Her husband, Tumendelger, receives disability payments from the government. He is a great husband who helps his wife's business and takes care of his family. They have been living together in their current home for 16 years. Erdenesuren operates a meat trading business. She has been operating her business since 1993, has steadily expanded her business, and gained much experience as a businesswoman. Erdenesuren started with working capital of 200,000 tugrugs (~ 140 USD), but after 17 years of hard work her working capital is now more than 5,000,000 tugrugs (~ 3545 USD). Erdenesuren is a very hard working person with a good personality. She says, “I would like to expand my business and to purchase my own apartment for my family in the future.” She is requesting a 2,200,000-tugrug loan to purchase a large amount of meat at the wholesale price to resell for a profit.



Loan details

Loan length:

14 months
Disbursed date: April 14, 2010

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: April 14, 2010