Funded

Total loan: $1,100
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Oyunchimeg


A loan of $1,100 helped to purchase inventory and equipment with which to begin manufacturing modern boots and shoes, to sell to local customers.


Oyunchimeg's story

Mrs. Oyunchimeg is 29 years old and lives with her husband and three children, in a house in Uvurhangai province, Mongolia. Her husband, Osohbayar, age 37, is serving in the local military. Her daughter, Uugantuya, age 15, and sons Batsaiha, age 13, and Batbaylag, age 2, go to local schools and kindergarten.

Borrower has been in business, making traditional boots at home, since 2007. Her business is seasonal, and she is now planning to expand her product variety, to make her business more stable. She is requesting 1,500,000 MNT to purchase inventory and equipment for starting to manufacture modern boots and shoes, to sell to local customers. She is a hard-working, enthusiastic and diligent woman.



Loan details

Loan length:

26 months
Disbursed date: February 21, 2013

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: February 21, 2013