The project

For the past 18 years Chimgee runs a succesfull clothing store. She mostly attracts women, due to her extensive collection of woman's and children's clothing.

Chimgee rents a shop at the Erdenet shopping center and sells both clothing produced in Mongolia and China, where she maintains a few importing relationships. 

She applied several times for a loan at VFM and has always been a reliable applicant. Lendahand will provide a loan together with local partner VFM which will enable Chimgee to diversify her product offering. The loan will be repaid in 24 months.