Funded

Total loan: $2,000
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Erdenebaatar

Mongolia
Tuv, Mongolia / Bricks

A loan of $2,000 helped to buy more cement.


Erdenebaatar's story

Erdenebaatar, 32, is married and lives with his wife and a newly born child in Tuv province of Mongolia. He worked for a brick factory for seven years in Japan and started a mud brick making business when he came back to Mongolia in 2009. He currently hires one worker for his small factory and operates his business with a 380V brick maker machine. He also owns a truck that is used for his business. Furthermore, he wants to expand his brick making business and operate a bigger brick factory with many workers. He is a modest and hardworking person who says, " I want to finish my factory building – I have done 40% of the construction work so far." Erdenebaatar is requesting a loan of 2,500,000 tugriks (MNT) to buy more cement as the price is much cheaper in the winter time.



Loan details

Loan length:

26 months
Disbursed date: January 21, 2011

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: January 21, 2011