A loan of $2,175 helped to purchase construction materials to fix her apartment.


Tserenchimeg's story

Tserenchimeg is 33 years old, lives with her 2 children and her husband in Ulaanbaatar, the capital of Mongolia. They all live together in a one-bedroom studio apartment. Her two children, 5 and 13, attend kindergarten and local secondary school. Tserenchimeg has worked in a laundry service, named “Pegma”, as a hostess since 2005. Her husband Uranbaatar, 35, has operated a tire repair shop for the last three years. Tserenchimeg purchased a second-hand car by her savings. This is her second loan through Credit Mongol and she is one of our reliable customers. Tserenchimeg says "I am planning to open my own laundry service in the future.” Tserenchimeg is requesting a loan to purchase construction materials to fix her apartment.



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Loan details