A loan of $1,500 helped insulate his workshop and buy and materials for his furniture business.

Tumendemberel's story

Tumendemberel is 60 years old. He is divorced and lives alone in a ger, a national yurt, in Zavhan province. He started a furniture producing business with his son-in-law in 2007. He produces wooden furniture, frames for a ger, wooden paste boards, doors and cabers (yurt poles). His monthly profit is approximately 200,000-300,000 MNT.

Tumendemberel needs to warm his work space. His business stops in the winter time because it's too cold. He requests a 2,000,000 MNT loan to buy the insulation for his work place and also boards and paint for his business. His next plan is to have some savings. Although Tumendemberel is an old man, he is a very hard-working man.

Loan details

Lenders and lending teams

Loan details