A loan of $1,175 helped to purchase more jeans for the upcoming season.

Bumuutsogzol's story

Bumuutsogzol is a 39-year-old widow who lives with her two sons and one daughter in an outer 'ger' district (a district without basic infrastructure) of Ulaanbaatar city, Mongolia. Her elder son and daughter attend local university, while her other son attends secondary school.

Bumuutsogzol has supported her family by operating a clothing retail stall business at the largest outdoor market in of Mongolia for eleven years. When she first began her business, she had one million MNT (Mongolian Tugriks) in working capital. Now she has 6 million MNT in working capital. She sells jeans and trousers, which she imports from Ereen, a border city between Mongolia and China, twice a month.

She is requesting a 1,500,000 MNT loan to purchase jeans and trousers for the upcoming season. “Sometimes it’s really hard to support the family alone, but it’s my responsibility, therefore I must to do that,” Bumuutsogzol says.

Loan details

Lenders and lending teams

Loan details