Khiimori Zul LLC is a wholesale store which was established in 2011 in Umnugovi province by the owner Altanzul S. (46). At first, the store sold only essential food products, and later in 2014, the store has been expanded into a big supermarket and started to sell broad variety of consumer commodities. Now, the company has 18 employees including sales managers, cashiers and warehouse keepers.
Umnugovi province is the largest province of Mongolia and is situated at the east part of the country. The local economy has been rapidly growing throughout the years and a positive business environment has bloomed for local entrepreneurs. Altanzul always aspired to expand her business and in July 2018, she opened the second branch of her supermarket in Dalanzadgad, the capital city of the province. However, she is in short of investments to purchase sufficient inventory for the newly established branch. After buying inventory, she plans to hire 2 additional cashiers for the new branch.
With a loan amount of MNT 195 million, she will be able to buy inventory for the new branch and to sell consumer products to the citizens in Dalanzagad.