A loan of $2,000 helped to renovate his shoe-craft tools and equipment and purchase the raw materials for shoemaking.

Khuderbat's story

Khuderbat, 34, makes Mongolian traditional shoes by hand, and he lives with his wife and his son in the slum district of Ulaanbaatar, the capital city of Mongolia. For 14 years, he has been making shoes and has gained a lot of experience in it. He sells his hand-made shoes wholesale to sellers at a bazaar called Narantuul, an international market, and they sell to the clients. Clients always feel satisfaction to buy his shoes.

Now he is planning to expand his business, but first he must renovate his shoe-craft tools and equipment. Also, he needs to purchase the raw materials such as leather for making shoes. This will enable him to increase his earning further and improve his family's living conditions.

He took a loan once before and repaid it successfully on time.

Loan details

Lenders and lending teams

Loan details