A loan of $1,450 helped to buy more wooden materials to produce furniture.

Lkham's story

Mrs. Lkham, a 60-year-old widow, lives alone in a small ger, a traditional Mongolian yurt, in Ulaanbaatar. With her children’s help and support, she keeps operating her business. Lkham has previously taken out two loans and has recently repaid the last one, never missing a due date, which shows how she is active, hardworking and responsible. Lkham is very thankful to Kiva lenders for helping to expand her business and improving her and her children’s living conditions.

Since Lkham has been cooperating with Kiva, lots of improvements have occurred in her life, such as her building a new house for her children. Every time she takes out a loan, the amount increases noticeably, which shows that her business’s working capital is also increasing.This increase in business definitely has changed Lkham's life. She is now requesting a 2,000,000 MNT loan to buy more wooden materials since the price of these materials is at its lowest point at this period of time. She will use these materials to produce furniture in the spring and summer.

Loan details

Lenders and lending teams

Loan details