Funded

Total loan: $2,475
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Erdenedalai

Mongolia
Ulaanbaatar, Mongolia / Clothing Sales

A loan of $2,475 helped to purchase clothes in large amounts to increase her sales volume.


Erdenedalai's story

Erdenedalai, 31, sells clothes in the outdoor market in Ulaanbaatar, the capital city of Mongolia. She lives with her family in the slum district. She sells track suits and other kinds of outfits. She has been running her business for 6 years. She had started her business with just one stall and now she owns 2 stalls in the bazaar. Her husband works as a driver of a heavy truck on a mine site. Erdenedalai wants to increase her business working capital to expand sales volume and to further increase her earnings. Also after a month there will be Lunar Year which is a traditional Mongolian celebration. Demand on clothes will increase notably during those days. The loan Erdenedalai is taking will be dedicated to purchase clothes in a large amounts to increase her sales volume.



Loan details

Loan length:

26 months
Disbursed date: January 11, 2012

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: January 11, 2012