A loan of $1,575 helped to invest in her business as well as to purchase an LCD TV and a washing machine for her home.


Oyungerel's story

Oyungerel D., age 56, operates a meat retail trading business in her town. She started her business in 2000 with a working capital of 300,000 MNT. After many years of operation, she has gained significant experience as a trader. She is requesting a 2,000,000 MNT loan in order to invest in her business as well as to purchase an LCD TV and a washing machine for her home.

She lives with her son in Suhbaatar province, Mongolia. They live in a "ger," a traditional Mongolian nomadic tent. Her son works as the assistant driver of a micro bus and transports people between Ulaanbaatar, the capital city of Mongolia, and Bulgan province. Oyungerel hopes one day to help her son buy his own micro bus.



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Loan details