Funded

Total loan: $900
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Ganchuluun

Mongolia
Ulaanbaatar, Mongolia / Clothing Sales

A loan of $900 helped to increase working capital.


Ganchuluun's story

Ganchuluun is a 45-year-old single mother who lives with her son and mom in Ulaanbaatar, the capital city of Mongolia. They live in a ger, a traditional Mongolian nomadic tent, on her brother’s plot of land. Her son Tsogbadrakh is 22 and currently employed at Ochir Aldar LLC as a sales manager. Her mother is retired.

Ganchuluun has been running a retail clothing business for many years. She rents a stall at Narantuul market, the biggest market in Ulaanbaatar. Ganchuluun buys her products from wholesalers who import them from China. She is a very hardworking and persistent person.

Ganchuluun is requesting a loan to increase her working capital. In the future, she hopes to improve her family’s living conditions by expanding her business.



Loan details

Loan length:

21 months
Disbursed date: January 28, 2011

Lenders and lending teams



Loan details

Loan length:

21 months
Disbursed date: January 28, 2011