Funded

Total loan: $1,200
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Gansukh

Mongolia
Ulaanbaatar, Mongolia / Clothing Sales

A loan of $1,200 helped to purchase clothing products from wholesalers to start his wife's sales business.


Gansukh's story

Gansukh is 37 years old and lives with his wife and three children. Two of his children attend secondary school and the youngest is only two years old. Gansukh delivers construction materials with his truck. Unfortunately, his business is highly seasonal. During the winter, he sells coal and wood to earn more income. With his hard work, their living conditions have improved steadily. His wife used to work as a salesperson for her brother’s clothing stall, but now she wants to sell clothes on her own. She believes that it will help increase her family's earnings. Gansukh is requesting a loan for his wife to purchase clothing products from wholesalers to start her sales business.



Loan details

Loan length:

20 months
Disbursed date: September 19, 2011

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: September 19, 2011