Funded

Total loan: $2,600
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Narangerel

Mongolia
Arkhangai, Mongolia / Butcher Shop

A loan of $2,600 helped to buy a car for her business.


Narangerel's story

Mrs. Narangerel is 32 years old. She lives with her husband and three children in a ger (a Mongolian housing tent) in Arhangai province, Mongolia. Her husband, Munhbold, is 32 years old. He is running a business that sells firewood. Her older sons Baasansuren and Munhbold are aged 9 and 7. They are secondary school students. Her younger daughter, Namuun, is 4 years old. She joined a kindergarten.

Mrs. Narangereleg has been selling meat on a rental counter at a food market since 2003. Her business has a net profit 500,000 Mongolian tugriks (MNT) every month. She is experienced and a hardworking person.

She is asking 3,500,000 MNT to buy a car for her business.



Loan details

Loan length:

26 months
Disbursed date: August 8, 2012

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: August 8, 2012