Funded

Total loan: $1,950
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Ariuntuul

Mongolia
Kherlen, Mongolia / Grocery Store

A loan of $1,950 helped to purchase the food commodities from the market for her new grocery store sales.


Ariuntuul's story

Mrs. Ariuntuul, 29, is a taxi driver and has been running her business for a half-year. She lives with her husband in Kherlen, a western boundary town of Mongolia. She and her husband used to have their own livestock, but they sold all of them and bought a car to start the taxi business. It is going on successfully and according to her plan. She and her husband have now decided to start another business, a grocery store downtown, because the earnings from the taxi business isn't a large enough income source for their family. Initially she needs 2,500,000 Mongolian tugriks (MNT) for building working capital, such as food commodities for sale. Therefore the loan she is taking will be dedicated to purchase the food commodities from the market for her new grocery store.



Loan details

Loan length:

20 months
Disbursed date: November 10, 2011

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: November 10, 2011