Funded

Total loan: $2,350
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Narangerel


A loan of $2,350 helped to buy more wood for resale.


Narangerel's story

Narangerel is 34 years old and lives with her husband and three children in a ger (Mongolian yurt) in Ulaanbaatar city, Mongolia. Her husband helps with her business, her elder two children are school students and her youngest child goes to kindergarden. Narangerel started her business in 2009 by selling firewood and coal from home. She then built her own small shop to sell it. Now that winter is approaching, demand for her product is very high. Therefore she needs some financial support to meet her customers' demands. She is a sharp and hardworking woman who says, "My business is the only income for the family and I have three children to support therefore I have to do everything I can to support them". She is requesting a loan of 3,000,000 MNT to buy more wood.



Loan details

Loan length:

26 months
Disbursed date: November 8, 2011

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: November 8, 2011