A loan of $1,150 helped to buy equipment for her water distribution business.


Otgonjargal's story

Otgonjargal is 44 years old and lives with her husband and four kids in a ger (a Mongolian yurt) in Uvurhangai province, Mongolia. Her husband is employed, her elder two children are college students, and her younger two are in school. She started her water distribution business in 1990. Her well provides water for nearly 200 households. Its location is convenient and well-known around the neighborhood. However, her well equipment is getting old, and it needs to be replaced. She is a sharp and hardworking woman who says, "Now that my kids are in college, I just can't stop my business now." She is requesting 1,500,000 MNT to increase her working capital.



Loan details


Lenders and lending teams



Loan details