Funded

Total loan: $1,475
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Nurzed

Mongolia
Uvs, Mongolia / Retail

A loan of $1,475 helped to purchase inventory for her small, retail business in local market.


Nurzed's story

Mrs. Nurzed is 55 years old and a widow. She lives with her two children in a ger (traditional, round, felt tent) in Uvs province, Mongolia. Her daughter, Altangul, is a 19-year-old university student, and her son, Myagmarsuren, is a 13-year-old secondary school student.

Borrower has been running her small, retail business in the local market, since 2001. She has been raising her children all alone for years. She covers her family's living expenses from her business profit. She is now planning to build their own, small house.

She is requesting a 2,000,000 MNT loan to purchase inventory for her small, retail business in the local market. She is a hard-working, tough and patient woman, who says "I need to save for my son's further study."



Loan details

Loan length:

25 months
Disbursed date: January 26, 2013

Lenders and lending teams



Loan details

Loan length:

25 months
Disbursed date: January 26, 2013