A loan of $700 helped to purchase wood.

Amgalan's story

Amgalan T. is 29 years old and currently lives with his wife and two children in Arhangai province, one of Mongolia's central provinces. His two daughters are 2 and 8 years old.

Amgalan is a talented carpenter. He runs a small wood carpentry and processing shop, called "Arts Ovor." He started this wood processing business with his father in 2000. When he started, his capital was about 450,000 MNT ($1 USD=1,450 MNT). Since the start, his small business has grown and now his working capital has reached 3,500,000 MNT. He hopes to expand his business and eventually buy a small car for his family. He requests a loan to purchase wood for his business.

Loan details

Lenders and lending teams

Loan details