Funded

Total loan: $1,450
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Byambaa

Mongolia
Govi-Altai, Mongolia / Tailoring

A loan of $1,450 helped to purchase equipment and inventory and pay the rent of her workplace premises.


Byambaa's story

Mrs.Byambaa is a 50-year-old widow who lives with her two daughters in a ger, a Mongolian yurt, in the Govi-Altai province of Mongolia. Her two daughters go to the secondary school, while Byambaa has been working as a veterinary doctor for 11 years. She also learned tailoring in Oyu-tolgoi project's tailoring course in 2011 and has been tailoring her and her daughters' clothes since then.

Byambaa is now planning to establish a tailoring business, and so is requesting a 2,000,000MNT loan to purchase equipment and inventory and pay the initial rent of her work premises. She is a hardworking and friendly woman who says, "My short-term goal is to increase my income and save money for my children's further education. They will be enrolling in university by next year."



Loan details

Loan length:

25 months
Disbursed date: October 9, 2012

Lenders and lending teams



Loan details

Loan length:

25 months
Disbursed date: October 9, 2012