Funded

Total loan: $575
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Garmaa

Mongolia
Bayanhoshuu, Ulaanbaatar, Mongolia / Higher education costs

A loan of $575 helped to pay her daughter's university tuition.


Garmaa's story

Mrs. Garmaa is 43 years old, and she lives with her husband and three children in a ger, in the Bayanhoshuu area of Ulaanbaatar, Mongolia. Her husband, Olziisaihan, works at a mining company as a driver. Her daughter, Davaajargal, age 20, is a university student. Oyun-Erdene, age 14, and son Gan-Erdene, age 8, go to local schools.

Borrower has been running a small retail store, in a rented place, for six years. She has gained a lot of experience and built close relationships with customers and suppliers over the years. She is now requesting a loan of 800,000 MNT to pay her daughter's university tuition. She is a hard-working, optimistic and neat woman.



Loan details

Loan length:

13 months
Disbursed date: February 17, 2013

Lenders and lending teams



Loan details

Loan length:

13 months
Disbursed date: February 17, 2013