A loan of $2,300 helped to renovate her workshop and buy supplies and equipment.

Oyunchimeg's story

Mrs. Oyunchimeg, 48, makes shoes in the ground floor of her building and sells them to customers. She has been running her business since 1997, and she has gained a lot of experience in her business. Initially she started her business with just 200,000 MNT. Now she has three employees and everyone’s salary is determined by their output.

It costs about 5,000 MNT to make one pair of shoes. Currently, she has two big consumers, and there is a big enough market place for supplying the shoes.

The loan will be used to renovate her workshop to improve her current working conditions. She also needs money to buy raw materials and equipment to increase her output.

Loan details

Lenders and lending teams

Loan details