Funded

Total loan: $1,425
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Battulga

Mongolia
Harhorin, Uvurhangai, Mongolia / Furniture Making

A loan of $1,425 helped to purchase more wood.


Battulga's story

Battulga lives with his wife and two children in Kharkhorin, ancient Mongolian empire's capital. He and his family live in a ger, a traditional Mongolian nomadic tent. His two children attend a local secondary school while his wife operates a clothing retail business in the local market.

Battulga owns and operates his own wooden-products business, specializing in 'ger' parts, 'ger' furniture, and other larger furniture pieces. He started his business in 2002 after graduating from a carpenter training course. Most of his profits come from the sale of his larger-sized furniture which is sold at prices between 850,000 and 1,200,000 tugrug (~600-840 USD). All of his products are made with great care and attention to detail which has earned him a reputation among his customers as a quality furniture provider.

He would like to increase his sales so that he can afford to build a house by the end of next year. Battulga is requesting a 2,000,000 tugrug (~1400 USD) loan to purchase more wood so that he can increase the number and variety of large furniture pieces that he can sell.



Loan details

Loan length:

27 months
Disbursed date: September 30, 2009

Lenders and lending teams



Loan details

Loan length:

27 months
Disbursed date: September 30, 2009