A loan of $1,900 helped buy silver needed to make a custom saddle.

Tserendorj's story

Tserendorj, 39, is a skillful craftsman. He lives with his daughter and wife in Ulaanbaatar, the capital city of Mongolia. The family lives in a ger, a traditional Mongolian felt tent, in his brother’s yard. His daughter attends primary school and his wife works at a local kindergarten.

When he first began his business in 2000, Tserendorj made golden and silver jewelry at home. In 2008, he and his brother built his own small workshop with his business earnings. In the past eleven years, he has gained a lot of experience and today he makes various fine works of arts on order. He was thus able to buy a used car with his business earnings a few months ago.

Tserendorj is applying for a loan of 2,300,000 MNT to buy silver to make a custom saddle with silver jewelry to sell to his customer. His plan for 2011 is to build his own small house with his business earnings.

Loan details

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Loan details