A loan of $2,400 helped to do renovation and extension to her house.

Oyunchimeg's story

Mrs.Oyunchimeg is a 44-year-old divorcee who lives with her two children in Darkhan, the second largest city in Mongolia. In 2006, she divorced her husband and has been left to raise her children on her own. To sustain her family's living, she has started a shoe resale business at the local outdoor market with $360 in her pocket.

She gained a lot of experience in retail business and she managed to buy a piece of land with a family house on it. In the future she is planning to do a proper renovation and extension to the house. Currently, she lives in a 10-square-meter rented room with her children. Her eldest son studies in University and took a one year leave because he could not pay his annual fee, and, at the moment, he is helping his mother’s business. Her youngest son studies in secondary school.

Once a month Mrs.Oyunchimeg travels to Ereen, a Chinese border city, to buy shoes from wholesalers and then sells them at the local market. The loan she is requesting will be used to do renovation and extension to the house.

Loan details

Lenders and lending teams

Loan details