Funded

Total loan: $2,475
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Oyuntsetseg

Mongolia
Uvurhangai, Mongolia / Used Clothing

A loan of $2,475 helped to purchase more used clothing.


Oyuntsetseg's story

Oyuntsetseg, 40, is married and lives with her husband and two children in Uvurhangai province of Mongolia. They live in a ger, Mongolian nomadic housing tent, on a small plot of land that they have owned for the past eight years.

Her husband works for a construction company and her older daughter helps her with the business while her son attends a local secondary school. Oyuntsetseg began a retail trading business at a local market in 2004. Now she sells used clothing and other items such as glasses and hats at her thriftshop that she rents currently.

She wants to expand her business and increase her profit. She is a hardworking person with initiative who says, "I want to have my own store so that I can save money on rent and will be able to afford my son's future studies". She is requesting a loan of 3,000,000 Mongolian tugrug (MNT) to purchase more used clothing and increase her inventory.



Loan details

Loan length:

26 months
Disbursed date: March 15, 2011

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: March 15, 2011