Funded

Total loan: $4,300
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Uranchimeg


A loan of $4,300 helped to purchase an Eco-friendly car.


Uranchimeg's story

Mrs. Uranchimeg is 42 years old and lives with her husband and 2 children in Ger, which is in the Bayanzurh district of Ulaanbaatar, Mongolia. Her husband, Sanjaagonchig, used to work in the United States and now works with his family in a private company as an engineer. Her daughter, Sandanzul, is a 20-year-old university student. Her son, Batjav, is a 17-year-old senior student in secondary school.

Mrs. Uranchimeg has been running a retail business selling bags since 2006. She is well experienced in the field and has built strong relationships with her customers and suppliers. She imports bags from China and gets her inventory from the railway station by taxi or other transportation (paying higher market price). She is now requesting 5,950,000 MNT to purchase an Eco-friendly, electric and gas-consuming car to reduce her transaction cost and to increase her income. She is a hardworking and diligent woman who says, "My son will be university student next year and we need to save for his education as well as my daughter."



Loan details

Loan length:

25 months
Disbursed date: December 17, 2012

Lenders and lending teams



Loan details

Loan length:

25 months
Disbursed date: December 17, 2012