A loan of $2,925 helped to purchase clothes to sell.

Tserendorj's story

Tserendorj is 58-year-old widow who lives with her daughter and son in a ger, a Mongolian traditional nomadic housing tent, in Govi-Altai province of Mongolia. Her husband died in early 2010. Her son lives by himself and works as a taxi driver in Ulaanbaatar, capital city of Mongolia. Her daughter, who is 23, helps with the family business.

Tserendorj operates a clothing business from a rented stall at a trading center. She started her business in 2002 at an outdoor market. Tserendorj worked hard to expand her business and rent a stall at an indoor market. In 2005, she expanded to rent another stall at a different indoor market that her daughter now manages. Tserendorj has gained a great deal of business experience and has built good relationships with her partners. She is a well-known businesswoman who says, “I want to buy a house for my children in order to make their living conditions better.”

Tserendorj is requesting a 3,500,000 MNT loan to purchase more clothes to sell in the springtime when demand is high.

Loan details

Lenders and lending teams

Loan details