Funded

Total loan: $1,175
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Ariunaa


A loan of $1,175 helped to purchase more clothing inventory to resell.


Ariunaa's story

Ariunaa is 48 years old and lives with her husband and three children in Arhangai province, Mongolia. Her two oldest sons, aged 22 and 20, are university students. Her daughter, Davaahuu, attends a local secondary school. Ariunaa's family has been living in their current home for 20 years. Ariunaa and her husband operate a clothing trading business from a rented counter at a local wholesaling trading center. She started her business in 2005 with a working capital of 600,000 MNT. In only five years Ariunaa has managed to increase her working capital to 1,200,000 MNT.

Since she started operating her business, her family's living condition has improved. Ariunaa has been providing money towards the family expenses and can afford to pay for her children's education fees. She is an open person who has great communication skills. Ariunaa says, “My dream is one day to create my own workplace.” She is requesting a 1,600,000 MNT loan to expand her selection and to purchase more inventory for her business.



Loan details

Loan length:

18 months
Disbursed date: April 27, 2010

Lenders and lending teams



Loan details

Loan length:

18 months
Disbursed date: April 27, 2010