Funded

Total loan: $2,750
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Tungalagtamir

Mongolia
Arkhangai, Mongolia / Higher education costs

A loan of $2,750 helped to pay their son's college fee.


Tungalagtamir's story

Tungalagtamir, who is 43 years old, lives with her husband and son in a small house in Arhangai province. Her husband operates a business transporting and selling coal. Her son becomes a college student this year. She and her husband sell coal to residents of Ulaanbaatar in the winter, and their profit is 1,000,000 mnt. In the summer, they transport goods between Ulaanbaatar city and Arhangai province, and their profit is 350,000 mnt. Last year they repaired their house with their business profit. Now they are requesting a 3,800,000 mnt loan to pay their son's college fee.



Loan details

Loan length:

26 months
Disbursed date: August 23, 2012

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: August 23, 2012