Funded

Total loan: $3,600
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Gerelmaa

Mongolia
Arkhangai, Mongolia / General Store

A loan of $3,600 helped to import consumer goods from South Korea and to open her retail business in local market.


Gerelmaa's story

Gerelmaa is 28 years old. She lives with her mother and her daughter in small house in the Arhangai province of Mongolia. Her mother takes care of her daughter Asral, who is one-year-old. Gerelmaa is the only working person of her family and her income is the only income of family. She used to work as saleswoman in local market.

She is now requesting a 5'000'000 MNT loan to import consumer goods from South Korea and to open her retail business in local market. Customers' perspective of Korean goods is high and the estimated income would be enough to cover the family's expenses. She is planning to save excess money for her daughter's future.



Loan details

Loan length:

26 months
Disbursed date: November 7, 2012

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: November 7, 2012