A loan of $1,525 helped to buy cars to sell.


Mendgul's story

Mendgul is a 38-year-old woman who lives with her husband and three children in Bayan-Ulgii province in Western Mongolia. Two of her children study in the secondary school. Her husband is the assistant driver of a bus and, in addition, started selling cars in 2010.

Mendgul makes traditional clothes and souvenir products and trades them. The business has been profitable but they need a specific amount of finance (credit) to develop the business. Mendgul is a good-natured woman who says, "I would like to expand the business activity to improve the household and save for my three sons' future. I think this business is being better than previous." The total amount she is requesting is 2,000,000 MNT to buy cars for her husband's business.



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Loan details