Funded

Total loan: $2,125
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Bolormaa

Mongolia
Ulaanbaatar, Mongolia / Clothing Sales

A loan of $2,125 helped to increase her working capital.


Bolormaa's story

Bolormaa is 43 years old and lives with her husband and three children in Ulaanbaatar, the capital city of Mongolia. She and her family live together in a rental house. Her 21-year-old son and 18-year-old daughter attend a university. Her younger daughter is 11 years old and attends a local secondary school. Currently, Bolormaa operates a women's clothing sales business. She operates a retail business. She purchases a variety of products from Ereen, a Chinese border city, and resells them for a profit. She started her business in 2003 with working capital of 600,000 tugrugs (~ 146 USD) and has expanded her business with a loyal customer base. Bolor is a very hardworking person and likes to say “Nothing is impossible”. Her dream is to purchase an apartment. She is requesting a loan to increase her working capital.



Loan details

Loan length:

20 months
Disbursed date: May 5, 2010

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: May 5, 2010