A loan of $775 helped to buy necessary materials wholesale for his blacksmith work.


Batmunh's story

Batmunh is a 48-year-old man who lives with his wife and three children in Huvsgul province in Northern Mongolia. His oldest child studies at the university and the other two children go to secondary school. His wife is unemployed.

Batmunh started the business in 1994 and he produces iron-made utensils and other household stuff. It has been successful because there has been a demand among local customers. He also bought a small van with the business income and when the sales are low, he runs a taxi business sometimes. These have been the only financial resources for the family members.

Batmunh is a good-natured man who says, "I would like to develop my business activities by buying the materials wholesale so that I can save more and produce more at one time." The total amount he is requesting is 1,000,000 MNT to buy necessary materials.



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Loan details