Funded

Total loan: $2,450
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Narangerel


A loan of $2,450 helped to purchase a sewing machine.


Narangerel's story

Narangerel is 54 years old and lives with her husband and youngest daughter in a ger, a traditional Mongolian nomadic housing tent, in Sansar area, Ulaanbaatar, capital city of Mongolia. Her older children all live and work on their own.

Narangerel manages a Mongolian traditional clothes-making business in Ulaanbaatar city. She started her business in 2002 with the help of her younger daughter, who is 29 years old. She makes a variety of stylish and colorful Mongolian traditional coats called Deel. Her business becomes quite profitable during national holidays, including Tsagaan sar and Naadam.

Narangerel is planning to operate a knitted clothing business in addition to her traditional clothing business. She is a polite woman who possesses a good personality. She says, "I want my younger daughter to be happy and be married to nice man." Narangerel is requesting a 3,000,000 MNT loan to purchase a sewing machine and some yarn in order to start her knitted clothing business.



Loan details

Loan length:

26 months
Disbursed date: April 14, 2011

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: April 14, 2011