Funded

Total loan: $2,800
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Mendkhuu

Mongolia
Ulaanbaatar, Mongolia / Personal Housing Expenses

A loan of $2,800 helped to invest in buying a small log house for her son.


Mendkhuu's story

Mendkhuu, aged 49, and her husband, Erdenebileg, have been working hard to get ahead and support their family. She has been working as a pastry-cook at a local food manufacturing company for over seven years. Her husband is one of the operations staff at Nomin Holding Co.,Ltd. They live in a traditional Mongolian yurt “ger” in the outer district of Ulaanbaatar, the capital city of Mongolia.

She is the mother of three adult children aged 24, 27 and 29. Her daughter, Uranjargal, stays with her parents and attends college, studying Business Financial Management. The youngest son is living and working in Korea while his brother lives separately with his family in Ulaanbaatar and runs a taxi business.

Mendkhuu is requesting a 3,500,000 MNT (Mongolian Tugriks) loan to invest in buying a small log house for her son. It is tough for her children living apart. As a mother, she is striving to make their lives better. She is very grateful to the institute and the lenders for giving her an opportunity to achieve her goal as well as to make a big change in her son's life.



Loan details

Loan length:

20 months
Disbursed date: June 28, 2011

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: June 28, 2011