A loan of $425 helped to purchase more bottles and cans.

Tumenjargal's story

Tumenjargal A., a 54-year-old divorced woman, resides with her three children and a nephew in Ulaanbaatar, the capital of Mongolia. They live in a ger, a Mongolian nomadic housing tent, on a rented plot of land in someone's backyard. All three of her children attend local secondary school.

Tumenjargal began recycling bottles and cans for profit in 2000, operating from a rented cabin advantageously located near a railroad and bus stop on the outskirts of the city. She purchases bottles and cans from individuals and then sells them to larger recyclers. Her business has of late become stable. Hardworking and industrious, Tumenjargal supports her family with the income from her enterprise and is able to spend money on her children. She is now requesting a loan of 500,000 MNT to purchase more bottles and cans in order to increase her working capital.

Tumenjargal says, " I wish to have my own land where we can build a house. I want my children to get a good education and have a comfortable life in the future."

Loan details

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Loan details