A loan of $2,025 helped to buy necessary instruments for his blacksmith business and more metal sheets as raw material.

Byambatogtokh's story

Mr. Byambatogtokh is 55 years old and a blacksmith. He lives with his wife in Ulaanbaatar, the capital city of Mongolia. They have three children who are grown up and live separately with their families. Byambatogtokh’s wife is a pensioner and she looks after the household.

Until 2008 Byambatogtokh worked for a metal construction company. He is an experienced blacksmith who makes different household metal items such as metal stoves, piping, farming tools and so on by customers' orders. Currently he rents a small workshop near his home. He is planning to expand his business by buying some necessary instruments like a welding machine, a metal cutter, a metal bender and so on. The loan he is taking will be used to buy necessary instruments essential to his blacksmith business and to buy more metal sheets.

Loan details

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Loan details