Funded

Total loan: $3,950
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Namhia

Mongolia
Arkhangai, Mongolia / Grocery Store

A loan of $3,950 helped to purchase a large amount of organic milk and dairy products to increase her sales during winter and spring, which lack in supply of dairy products.


Namhia's story

Namhia is 50 years old and lives with her youngest son in a house in Arkhangai province of Mongolia. Her older children got married and moved out from her house. Her youngest son, Puntsag, age 15, is a secondary school student.

She has been operating a grocery store business at a rental counter of the local market since 2010. Her business is now stable and she has built strong relationships with customers and suppliers over the last two years.

She is now expanding her product range into dairy products and she is also starting to produce organic dried curds to sell at her counter. She needs additional investment of 5,500,000 MNT to purchase a large amount of organic milk and dairy products to increase her sales during winter and spring, which lack in supply of dairy products. She is a diligent and hardworking person who says, "I want my son to graduate university with better education."



Loan details

Loan length:

38 months
Disbursed date: November 7, 2012

Lenders and lending teams



Loan details

Loan length:

38 months
Disbursed date: November 7, 2012