Funded

Total loan: $4,450
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Amangul


A loan of $4,450 helped to buy raw materials and to increase her working capital.


Amangul's story

Mrs. Amangul is 29 years old and lives with her husband and her son, age 2. She lives in the western province of Mongolia.

Amangul started a hand embroidery business in 2004. She improved her business and established her own private company. Her company has 3 staff members. They produce national hats, deels (Mongolian traditional clothes), wallets, and handbags. She uses fabric waste from a sewing factory to make her products. Mostly she sells her products to foreign tourists and exports to England and USA.

Since the national Eagle`s holiday is taking place soon, the demand for her products will increase. Therefore, she is requesting a 6,000,000 Mongolia Tughriks (MNT) loan to buy raw materials and to increase her working capital.



Loan details

Loan length:

26 months
Repayment schedule: Irregularly
Disbursed date: August 8, 2012

Lenders and lending teams



Loan details

Loan length:

26 months
Repayment schedule: Irregularly
Disbursed date: August 8, 2012