Funded

Total loan: $2,675
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Badamgarav

Mongolia
Tuv, Mongolia / Grocery Store

A loan of $2,675 helped to purchase a fridge, freezer.


Badamgarav's story

Badamgarav H. is 47 years old and lives with her husband and two children in the Central province of Mongolia, in a ger, a traditional Mongolian nomadic tent. Her son attends a local primary school while her husband has been working as a driver in the power station of the province for eleven years. Badamgarav has run a food retailing business since 2008 out of two rented stalls at the local market called Altan-Eh. She decided to start her business when she worked for a local garment factory and traveled a lot to China and gained experience in how to manage a business. She began with working capital of one million MNT and it has now reached 4,300,000 MNT. Thanks to her successful business, Badamgarav was able to remodel the yard and house in where the family lives. She says: “I would have a comfortable apartment with my business profit.” Badamgarav is a hard-working woman who is requesting a 3,500,000 MNT loan in order to purchase a fridge, freezer, and also increase her working capital.



Loan details

Loan length:

26 months
Disbursed date: August 9, 2010

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: August 9, 2010