A loan of $2,300 helped to purchase the wood and other raw materials for her carpentry shop.

Undarmaa's story

Undarmaa is 30 years old and lives with her husband and three children in Ulaanbaatar, the capital city of Mongolia. They live together in a small wooden house on her plot of land. Her children, ages 6 to 11, are all attending the local secondary school.

She and her husband have been running a furniture making business since 2006. They buy materials such as plywood, planks, glue and wood processing equipments to make different household furniture for apartments and gers (a traditional Mongolian nomadic tent). Undarmaa sells the furniture at “Narantuul”, the biggest outdoor market in Ulaanbaatar city.

She wants to develop her business day by day. This time, she plans to increase her business by adding working capitals, anticipating a higher sales volume. Undarmaa thinks it will raise her family income in the future. The loan will be dedicated to purchase wood and other raw materials for her carpentry shop.

Loan details

Lenders and lending teams

Loan details