A loan of $775 helped to purchase the raw materials for his craft business.


Davaasuren's story

Mr. Davaasuren, 29, is a craftsman and makes many kinds of traditional souvenirs and some appliances in his home. Then he sells them to the market sellers at a low price. He lives with his girlfriend in a ger, a Mongolian traditional nomadic tent, which is in the suburban district of Ulaanbaatar, the capital city of Mongolia. He has been running his business since 2009 with his brother, and has gained quite a lot of experience in his business. At this time, he wants to increase his inventory and business working capital. He believes that it will increase his business outputs and income in the future. The loan he is taking will be dedicated to purchasing the raw materials for his craft business.



Loan details


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Loan details