A loan of $1,225 helped to purchase more clothing items at wholesale price.


Tumendemberel's story

Tumendemberel D. is a 43 year old single mother who lives with her daughter in Uvurhangai province in central Mongolia. She and her daughter live together in an apartment which was bought with a bank loan and she is still paying off her loan. Her daughter attends a local high school and Tumendemberel operates a clothing business out of a rented stall at the local trading center in her town. She sells a variety of clothes and earns a good profit which is used for her household's consumption. She started her clothes selling business in 2005 and has since built a stable and successful operation. She has found a success with her trade and has established a large loyal clientel over the years. She is working very hard to increase her earnings in order to pay off her apartment loan. Her dream is to provide a good education for her daughter.

She is requesting a 1,500,000 MNT loan to purchase more clothing items at wholesale price for her clothes sales business.



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Loan details