A loan of $2,625 helped to increase the stock of her grocery store and repair her broken fence.

Bayarmagnai's story

Mrs. Bayarmagnai, 42, sells groceries in her rented grocery store. She rents it at MNT 250,000 a month. Her daily earnings are not so good, however she puts aside saving for her son’s education or school fees.

Bayarmagnai is a widow and now she lives with her son in the 'ger' district, an area with Mongolian traditional nomadic yurts in Ulaanbaatar, the capital city of Mongolia. She is requesting a loan to buy groceries from her supplier to increase the stock and for larger sales volume. It is a very important thing to increase her business earnings.

Also she will use her loan to repair her fence which was broken by a storm. The loan she is taking will be dedicated to increasing the stock of her grocery store and repairing the fence.

Loan details

Lenders and lending teams

Loan details