Funded

Total loan: $450
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Altanchimeg

Mongolia
Orhon, Mongolia / Dairy

A loan of $450 helped to purchase a large amount of organic milk products to produce and sell various kinds of organic dairy products.


Altanchimeg's story

Altanchimeg is 39 years old and lives with her husband and 3 children in a small house in the Orhon province of Mongolia. Her husband Badarch, 44, runs a taxi service within the town and also helps her brother take care of livestock in the countryside during the summer. Her daughter Uranchimeg, 16, son Anhbayar, 14, and Otgonbayar, 12, go to local schools. Altanchimeg had been living in countryside herding livestock for years and moved to the province center in 2000 and started her business of organic dairy products and selling them to local customers. She has built a strong relationship with customers and suppliers. She is now requesting 600'000MNT to purchase large amounts of organic milk products to produce and sell various kinds of organic dairy products. She is a hardworking, friendly and open-minded woman who says "My daughter is going to enroll university next year and my sons are soon to be enrolled in universities so we need to start saving for our children's tuition"



Loan details

Loan length:

26 months
Disbursed date: December 6, 2012

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: December 6, 2012