A loan of $1,150 helped to purchase more equipment, tools and beauty products.

Chimedregzen's story

Chimedregzen R. lives with her husband and four children in Ulaanbaatar, the capital city of Mongolia. She and her family live in an apartment that is mortgaged through the bank. Her husband is self-employed and runs a private business. Her oldest daughter lives on her own and helps in her mother's business, while her older son works as an electrical engineer. Her two younger daughters attend a local secondary school. Chimedregzen works very hard and is a clever woman.

Chimedregzen operates a hair and beauty salon named "Anhiluun" in Ulaanbaatar. She started the salon in 1990 with only two hairdressers in Hovd Province. Her business grew quickly over the years, and her number of employees increased to eight hairdressers. Her business is in a popular spot that attracts many customers. She is requesting a 1,500,000 MNT loan to purchase more equipment, tools and beauty products for her business.

Loan details

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Loan details