Funded

Total loan: $1,775
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Gantsetseg

Mongolia
Ulaanbaatar, Mongolia / Clothing Sales

A loan of $1,775 helped to buy baby clothes to increase her working capital for a bigger sales volume in the next coming months.


Gantsetseg's story

Gantsetseg, 41, has sold baby clothes in the supermarket since 2008. She buys her goods from the Chinese border city. She lives with her husband and her 2 daughters in a ger, a Mongolian traditional nomadic yurt in Ulaanbaatar, the capital city of Mongolia. In summer time she has a big sales volume due to the increased demand for baby clothes. Most of her customers have a good opinion of her goods and their quality. Now she needs 2,300,000 MNT to buy baby clothes to increase her working capital for a bigger sales volume in the next coming months. In addition it is her second loan and she was able to repay her previous loan on time successfully.



Loan details

Loan length:

16 months
Disbursed date: May 7, 2012

Lenders and lending teams



Loan details

Loan length:

16 months
Disbursed date: May 7, 2012