Funded

Total loan: $2,450
Powered by 77 lenders

Adyanaran

Mongolia
Ulaanbaatar, Mongolia / Timber Sales

A loan of $2,450 helped she wants to stock up enough timber and wood materials and to resale it when building season starts in April.


Adyanaran's story

Mrs. Adyanaran is a 45 years old widow, lives with her three children in Ulaanbaatar, the capital city of Mongolia. The eldest daughter studies in local University and two other boys study in secondary school. She owns a small plot of land and wooden family house. She has been running a timber and wood product sales business on local wood market for 13 years. Before she used to run this business together with her husband and when he passed away she started to run it on her own. She buys a timber from wholesalers and makes a plank using a saw machine. This time of the year price of timber materials goes down and it is time when they usually stock up timber materials and sells them in April when building season starts. The reason she is requesting a loan is she wants to stock up enough timber and wood materials and to resale it when building season starts in April.



Loan details

Loan length:

18 months
Disbursed date: December 3, 2010

Lenders and lending teams



Loan details

Loan length:

18 months
Disbursed date: December 3, 2010