A loan of $2,900 helped to buy necessary building materials and build an extension to the house, making separate rooms for her children.


Bolormaa's story

Mrs. Bolormaa is 42 years old and lives with her husband and two sons in Ulaanbaatar, the capital city of Mongolia. Her family owns a plot of land and a small house on it which was bought in 2005.

Bolormaa has been running a clothing retail business since 2009 on the Narantuul, the biggest outdoor market in Ulaanbaatar. During past two years her working capital has increased four times. Her husband runs a taxi business using his family car, earning extra income for the family. They have two children and the elder one is a student at the National Science and Technology University. The kids are grown up and need more space and separate rooms.

The house where they live is 15 square meters and they live quite squashed. Bolormaa is planning to build an extension to the house, making separate rooms for her kids. The loan she is taking will be used to buy necessary building materials and to build the extension to the house.



Loan details


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Loan details