Funded

Total loan: $2,900
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Narantsetseg

Mongolia
Hovd, Mongolia / Higher education costs

A loan of $2,900 helped to pay for her children's university tuition.


Narantsetseg's story

Narantsetseg is 45 years old and lives with her children in a ger, a Mongolian yurt, in Hovd province of Mongolia. Her older children are college students and her son is a secondary school student. She started her business in 2003 by selling home appliances at the local market. She mainly purchases products from the Mongolian western border. A home appliances selling business is not a seasonal business; therefore, her sales are stable. Mrs.Narantsetseg bought a trading container in 2009. She is an open-minded person who says "September and October is high season for marriage and events. So demand of home appliances is very high. I am trying to sell as many products as possible." She is requesting 4,000,000 MNT loan to pay for her children's university tuition.



Loan details

Loan length:

26 months
Disbursed date: September 14, 2012

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: September 14, 2012