A loan of $1,600 helped to purchase raw materials for her sewing business and to pay for her daughter's tuition fees.

Tserendolgor's story

Tserendolgor is 46 years old and lives with her husband and four children in a ger (a traditional Mongolian housing tent), in the Uvurhangai province of Mongolia. Her husband's name is Jargalsaihan. He is 49 years old and unemployed. Her oldest daughter is a college student, two of her daughters are secondary school students and the youngest stays at home.

She started her business in 2000, and her main products are various covering materials for a Mongolian yurt. Prior to this, she had a home-based sewing business.

Since 2005, Tserendolgor has been selling her products from a rented room in a "business development center" of Uvurhangai province. She is well-experienced in this sector, with many years in the sewing business, and has many regular suppliers and customers. The local residents identify her as an honest and hardworking woman.

Tserendolgor is requesting a 2,200,000 MNT loan. With half the loan she wants to pay for her daughter's tuition fees and with the rest she will purchase raw materials for her sewing business. She says "My efficiency and profit will increase with this investment in the business and this will improve my life".

Loan details

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Loan details