A loan of $875 helped to purchase grocery products and firewood.

Otgonjargal's story

Otgonjargal is a 42-year-old widow who lives with her two sons and a daughter in an outer district (without basic infrastructure) of Ulaanbaatar, Mongolia. Her elder son attends university; the other two attend secondary school.

She supports her family by operating a retail business, which she has had for eight years. First she operated a telephone business where customers paid money for using her telephones. In 2005, she began operating a small kiosk. She sells some grocery products and, in the winter, firewood. Because Mongolian weather is very changeable, it is cold beginning in October. Therefore she needs to buy firewood to sell again.

With her previous Kiva loan, she attracted more customers and increased her working capital. Now Otgonjargal is requesting a MNT 1,200,000 loan to purchase grocery products and some firewood to sell at her small kiosk.

She really appreciated the Kiva loan, and she is really thankful to Kiva lenders of the world.

Loan details

Lenders and lending teams

Loan details