Funded

Total loan: $2,450
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Saranchimeg

Mongolia
Ulaanbaatar, Mongolia / Shoe Sales

A loan of $2,450 helped to raise her purchasing from boot-makers and increase her business turnover.


Saranchimeg's story

Mrs. Saranchimeg is a shoe seller in the bazaar. She is 30 years old and lives with her husband and two daughters, of whom one is a half-year old. She has been running her business since 2000 at an international market called “Narantuul”. The main process of her business is she purchases shoes from boot-makers wholesale and then sells them retail.

She has requested a loan to raise her purchasing from boot-makers and increase her business turnover. It is a beneficial to her business and she can sell more. In a week, she buys only 15-18 pairs of handmade shoes from shoemakers. Now she plans to increase this number.



Loan details

Loan length:

20 months
Disbursed date: August 16, 2011

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: August 16, 2011