Funded

Total loan: $1,175
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Gerelchimeg


A loan of $1,175 helped to buy more raw materials to sell.


Gerelchimeg's story

Gerelchimeg S. is 43 years old and lives with her husband and two sons in the Huvsgul province of Mongolia. She and her family live in a ger, a traditional Mongolian nomadic tent. Her oldest son, age 22, is a university student and her youngest son, age 17, currently attends a local high school.

Gerelchimeg and her husband operate a raw-materials trading business in a small wooden pavilion. They began the business in 2004 and have gained experience as traders. In the future, Gerelchimeg plans to upgrade her workplace by trading the pavilion for a large container with capacity for 20 tons. Her business earnings have allowed her to pay her son's tuition fees. Gerelchimeg is a modest and hardworking person, who is seeking to increase her working capital. She has requested a 1,500,000 MNT loan for her trading business.



Loan details

Loan length:

20 months
Disbursed date: September 28, 2010

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: September 28, 2010