Funded

Total loan: $1,225
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Ulaanhad

Mongolia
Songinohairhan, Ulaanbaatar, Mongolia / Food Production/Sales

A loan of $1,225 helped to provide heat in her workplace.


Ulaanhad's story

Ulaanhad L. is a 44-year-old single mother who lives with her two sons in the Songino-Hairhan district of Ulaanbaatar, a capital of Mongolia. They are living in their own house with a fence. Her oldest son works in Korea and her youngest son is a university student.

At first, Ulaanhad operated a grocery-products business in her own grocery store from 2006 to 2009. Since August 2009, she has been selling only all kinds of prepared Korean pasta. She has found success with her business in a short period and her income is a 65,000 Mongolian tugriks (MNT) a day or 380,000 MNT a month.

Ulaanhad is requesting a 1,500,000 MNT loan to provide heat in her workplace.



Loan details

Loan length:

26 months
Disbursed date: December 22, 2010

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: December 22, 2010