A loan of $2,300 helped buy shoes and increase working capital.

Badamtsetseg's story

Badamtsetseg is 45 years old. She lives with her husband, younger daughter, and granddaughter in a "ger" -- a yurt or traditional Mongolian nomadic tent, in Ulaanbaatar, the capital city of Mongolia.

Since 1999, Badamtsetseg has run a shoe business. She buys shoes from wholesalers who bring them from abroad, and sells them at the Narantuul, the largest outdoor market in the city. She rents two stalls at the market. Her husband, Enkhbat, helps in her business part-time and also runs a taxi and delivery business using the family car. Their goal is to accumulate enough money to build a family house in the future and to give a proper education to their children. Badamtsetseg has a two daughters. Her older daughter, a university graduate, lives separately with her husband. The younger one is a university student.

With this loan, Badamtsetseg wanted to purchase more shoes inventory and to increase her business working capital, as she believes it is important to expand her business further.

Loan details

Lenders and lending teams

Loan details