A loan of $1,450 helped to import a variety of clothes from China and sell them at the local market as her newly starting business.


Sugmed's story

Mrs.Sugmed is 24 years old and lives with her 5-year-old daughter and husband in a little house in the Gobi-Altai province of Mongolia. Her husband works at a private mining company as an economist. She is planning to start her own clothing retail business at a rented counter at the local market. She has worked as a salesperson at that market for years and obtained business experience from that.

She is a hardworking and diligent woman who says, "I will run my business successfully and expand my business further." She is requesting a 2,000,000 MNT loan to import a variety of clothing from China and sell them at the local market as her newly starting business. She also mentioned that winter is coming and seasonal clothes sales increases during this time of the year.



Loan details


Lenders and lending teams



Loan details