Funded

Total loan: $1,375
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Nergui

Mongolia
Hovd, Mongolia / Blacksmith

A loan of $1,375 helped to purchase precious stones, jewleries, gold and silver.


Nergui's story

Nergui O. is 42 years old and lives with her husband and four children in a ger, a traditional Mongolian nomadic tent, in Hovd province in western Mongolia. Her younger two children attend a local middle school while the elder two children help out with their family business. Nergui works in a small underground water well, delivering water to local people.

Her husband has been engaging in ironsmithing for 25 years in his town and has gained much experience in the business. Now he is teaching and instructing his son how to process iron and make quality products.

For the future, Nergui's dream is to buy a large amount of stock in order to increase her business line, and to save money for her youngest children's further education fees and expenses.

Nergui and her husband are both hardworking people. She is requesting a 1,800,000 Mongolian tugriks loan to purchase precious stones, jewelries, gold and silver in order to produce rings, earrings, snuff bottles and horse bridles for their business.



Loan details

Loan length:

26 months
Disbursed date: August 6, 2010

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: August 6, 2010