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A loan of $1,900 helped to buy a secondhand truck for her business.

Suvdanchimeg's story

Mrs. Suvdanchimeg, 45, runs a waste recycling business with her husband. She receives the wastes and recyclable materials to her collecting point (in her house's backyard). Then she sells them to the waste producing factory and craftsmen who use the recycling materials for their products. She has been running her business for 4 years and she has gained a lot of experience in it.

She lives with her husband in the ger district, an area of Ulaanbaatar with no running water, minimal roads, and spotty electricity. She had a small truck to carry the wastes and recycling materials to her customers and factories. But the truck has broken down and went out of use. So, she is requesting a loan to buy a secondhand truck for her business. She said that, "without my truck I can’t run my business anymore."

Loan details

Lenders and lending teams

Loan details