A loan of $425 helped to start operating a coal and firewood trading business.

Horloo's story

Horloo S. is 60 years old and lives with her husband and adult daughter in a ger, a traditional Mongolian nomadic tent home with a fence, in Yaarmag, in the Han-Uul district of Ulaanbaatar, the capital city of Mongolia. Her daughter attends the university and her husband is retired after working for the Mongolian military.

Horloo operates a recycling business. She purchases a variety of secondary raw materials at her shop and sells those materials to the processing companies for a profit.

With the help of her siblings, she will use this loan to start another business of coal and firewood trading to supplement her earnings. She is requesting a 500,000 MNT loan in order to start her new business in the future.

Loan details

Lenders and lending teams

Loan details