A loan of $775 helped to purchase raw materials to sew handmade coats.

Bolor-Erdene's story

Bolor-Erdene is the 42-year-old mother of three sons and one daughter. She lives with her family in a small house in the outer ger (Mongolian traditional tent) district of Ulaanbaatar City, Mongolia. This district is without basic infrastructure. Her elder son lives and works in Japan, and her daughter got married and went to live with her husband, so today Bolor-Erdene lives with her spouse and two sons, who attend local university and kindergarten, while their father is a contracted employee in Korea.

She supports her family by operating a business selling men's jackets in the largest outer market of Mongolia. She has been operating this business since 1994, so she is a very experienced entrepreneur. Also, she has 4.6 million Mongolian tugriks (MNT) in working capital. In the winter season, she specializes in selling handmade men’s coats.

Therefore, she is requesting a loan of 1,000,000 MNT to purchase raw materials from Ereen, a border city between Mongolia and China. She will use these materials to sew handmade coats.

Loan details

Lenders and lending teams

Loan details