Funded

Total loan: $650
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Tumur


A loan of $650 helped to purchase sheep.


Tumur's story

Tumur L. lives with her husband in Uvurhangay, one of Mongolia's southern provinces. She has one son who has been working in South Korea the last few years.

Since 1998, Tumur has been running a butcher shop at the local food market. She mainly sells mutton from a rented stall. On average she sells eight sheep per day. Her husband helps her business by buying animals from herders and dressing the carcasses to get ready for sale. She adds MNT 600.0 per kg ($1 = MNT 1600) to the wholesale price.

Normally in the countryside, meat prices increase in the summer and decrease during the winter. Tumur has a small storage unit to freeze meat, which she uses to store sheep bought when the price is cheaper than in summer. Her loan will be used to purchase more sheep.

Together with her husband, she plans to one day own the shop she operates from.



Loan details

Loan length:

14 months
Disbursed date: February 17, 2009

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: February 17, 2009