A loan of $525 helped to buy a new felting machine.

Bayanjargal's story

Bayanjargal, 31, lives with his wife and three children, all of whom attend school, in a ger (Mongolian yurt) in Hovd Province, Mongolia. His wife helps with his business, a wool-felting enterprise which he started earlier this year that produces handmade felt products such as slippers and boots.

Because his felting machine is old and very slow, in order to meet customer demand he is requesting 700,000 MNT to buy a new one.

Loan details

Lenders and lending teams

Loan details