Funded

Total loan: $2,525
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Bat-Erdene

Mongolia
Orhon, Mongolia / Furniture Making

A loan of $2,525 helped to start his own wooden furniture manufacturing business.


Bat-Erdene's story

Mr. Bat-Erdene is 53 years old and lives with his wife and granddaughter in a small house in the Orhon province of Mongolia. His wife Davaatseren, age 47, helps her husband to run the family business and care for their three-year-old granddaughter, Amin-Erdene.

Mr. Bat-Erdene and his wife used to run a small grocery store. They closed their store because it became unprofitable when larger stores opened nearby.

Mr. Bat-Erdene is now requesting 3,500,000 MNT to purchase equipment and machinery to start his own wooden furniture manufacturing business. He used to work at a furniture manufacturing company before he started his grocery store. He is a hardworking, diligent, and clever person.



Loan details

Loan length:

26 months
Disbursed date: December 10, 2012

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: December 10, 2012