A loan of $2,300 helped to renovate their house and increase their working capital and inventory.

Oyun's story

Mrs. Oyun D. is 49 years old and lives with her husband and three children in Ulaanbaatar, the capital city of Mongolia. Oyun and her husband, Lkhasuren, have been running a furniture-making business since 1998. They have managed to send the elder daughter to Korea to study. Their son is a sculpture who works on a freelance basis and also helps with the parents’ business. The younger daughter studies at the local University of Agriculture.

Oyun and her husband buy materials such as plywood, HDF board, glue and fabric from local wholesalers and make different household furniture for apartments and gers (a traditional Mongolian nomadic tent). They sell them at Narantuul and Denjiin myanga, the two biggest outdoor markets in Ulaanbaatar.

Since Oyun and her husband started their business, they managed to buy a family house with a plot of land. Currently they are doing some renovation to the house. The loan they are requesting will be used to renovate the house and to increase their working capital and inventory.

Loan details

Lenders and lending teams

Loan details