A loan of $2,175 helped to purchase construction materials in large quantities.


Nergui's story

Nergui, 52 years old, lives with her daughter in Ulaanbaatar, the capital city of Mongolia. The family resides in a Mongolian traditional ger (portable felt dwelling) on a plot of land. Her two sons are now working in the countryside. Nergui has been running a construction materials sales business and produces metal nails with the help of her sons. In the past eleven years, she has attracted quite a number of customers to her business and accumulated a vast amount of experience.

She has been purchasing metals from local people in order to produce nails and now she is importing metals from China. As a result, her business profit will increase drastically because the price gap between local metal and metal in China is quite high. In the next one or two months, her business profit will be at its climax because construction field activity also intensifies.

She is requesting a loan of 3,000,000 MNT to purchase construction materials in large quantities. By doing so, she can generate more income for her children’s future education and life. Nergui has gotten loans from our organization several times and paid each loan on the established schedule without any delay.



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Loan details