A loan of $1,300 helped to purchase timber and a GAZ truck to transport his products.


Tumurchudur's story

Tumurchudur B., aged 26, lives with his wife and two-year-old daughter in Arhangai province, Mongolia. He and his family live in a ger, a traditional Mongolian housing tent, located in a small yard that they rent. Tumurchudur operates a wooden furniture manufacturing business in his own small workshop. He runs the business with his wife's help. He started his business with capital of 100,000 MNT after participating in a wooden products manufacturing training course in 2002. Since that time, Tumurchudur has been operating his business successfully and today has increased his capital to a level exceeding 2,900,000 MNT. His business earnings have enabled him to expand his business and purchase new equipment to manufacture his products. Tumurchudur is a very hardworking person and prides himself on creating a variety of products that his customers will like. He is requesting a 1,800,000 MNT loan to purchase timber and to transport his products to other provinces to sell.



Loan details


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Loan details