A loan of $2,350 helped to increase her business profits by purchasing more products such as socks and tights for sale.


Munkhgerel's story

Munkhgerel is 41 years old and lives with her husband and a daughter in Ulaanbaatar, the capital of Mongolia. They live in a one-bedroom studio apartment which they rent. Her husband is Japanese, who recently married her. Her daughter attends a Raffles International Institute. Munkhgerel has been operating a body- stocking (garment) retail business since 2005 by renting a stall at the Narlag market and selling a variety of socks and tights for the last seven years, and she has gained much experience. She is one of our reliable customers and a very hardworking person who is responsible for paying her daughter’s tuition fee. This is her second loan through Credit Mongol, and this time she is asking for a loan to increase her business profits by purchasing more products.



Loan details


Lenders and lending teams



Loan details