A loan of $2,250 helped a member to purchase more felt to make products.

Tseveen Group's story

Tseveensuren is a 48-year-old married woman who lives with her 23-year-old son and her spouse in the outer ger (Mongolian housing tents) district of Ulaanbaatar city, Mongolia. Tseveensuren supports her family by operating a business selling felt products. She usually makes stitched felt rugs and sandals. Also, she made the biggest Mongolian stitched felt rug and is proud of herself.

During the summertime, there are so many tourists in Mongolia, and they are really overjoyed to buy traditional felt souvenirs and sandals. She wants to expand her business in order to increase her working capital during the tourist season in Mongolia. Thus, she is requesting a 1,000,000 Mongolian tugriks (MNT) loan to purchase more felt to make felt products. She is a group leader, and she has her hand up in the picture.

In this group: Tseveensuren, Erdenetsooj, Erdenechuluun

Loan details

Lenders and lending teams

Loan details