Funded

Total loan: $2,575
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A loan of $2,575 helped to buy the auto oil store where she works, and to purchase inventory to run the business normally.


Bayarmaa's story

Mrs.Bayarmaa is 29 years old and lives with her husband and son in a ger (traditional Mongolian tent) in the Suhbaatar district of Ulaanbaatar, Mongolia. Her husband Davaasuren, age 23, provides transportation service within the area.

Bayarmaa has been working at a retail store that sells auto oil and related materials, since 2004. She has been managing the store since then and has mastered the business. She is planning to buy that auto oil store and run it by herself, as owner. She has already talked with her boss and agreed to buy that store, and she needs a loan of 3,580,000 MNT. She will use the loan capital to invest in her auto oil store purchase, and to buy inventory to run the business normally. She is a helpful, welcoming and hard-working person.



Loan details

Loan length:

25 months
Disbursed date: October 21, 2012

Lenders and lending teams



Loan details

Loan length:

25 months
Disbursed date: October 21, 2012