Funded

Total loan: $2,950
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Chuluuntsetseg

Mongolia
Zavhan, Mongolia / Bakery

A loan of $2,950 helped to purchase new machinery.


Chuluuntsetseg's story

Chuluuntsetseg is 30 and lives with her son in a ger (a Mongolian yurt) in Zavhan province, Mongolia. Her son is a student at school.

She started her bakery business in 2003 by baking at home. Now she has her own workshop and two employees. Her baking technique is unique and tasty. She has many regular customers in the neighborhood.

Her customer demand is increasing; however, her machinery isn't working properly. In order to meet customer demand, she has to renew her machinery. She is a sharp and hardworking woman who says, "My business is shutting down. In order to work, I have to replace certain equipment".

She is requesting 3,800,000 MNT to purchase new machinery.



Loan details

Loan length:

27 months
Disbursed date: October 27, 2011

Lenders and lending teams



Loan details

Loan length:

27 months
Disbursed date: October 27, 2011