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Oyunchimeg Dendev graduated from the Faculty of Polytechnics in Mongolia as a lightweight business technician and mechanic. She obtained her first and solely job was for the State Stitching Manufacturing unit. After 16 years with the corporate, she determined to strike out on her personal. She made her first tailor-made items utilizing her dwelling stitching machine, and began promoting the ladies’s fits and college uniforms.
That’s when Dendev realized about XacBank. From her first mortgage of round USD 200 to buy stitching machines and electrical dynamos, to a number of ones over time that she religiously repaid, Dendev has been in a position to lease 5 market stalls to promote their product, construct an extension to their home to develop their manufacturing space and buy a car to move her items. She has even begun to import males’s shirts and ties. Her peak season income can go as much as USD 1,000 a day!
Now that each her kids have graduated from college (training her enterprise income have been in a position to pay for), Dendev is setting her sights on extra development for her enterprise. And her household might be there to assist her: all her kids at the moment are expert tailors who assist her in arising with new designs for her product.
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