A loan of $1,100 helped to purchase inventory (wood and other materials) at a low price, which he will use to make more wooden furniture to sell.


Erdenemunh's story

Mr. Erdenemonh is 49 years old. He lives with his wife and four children in a ger in Tosontsengel soum, Zavhan province, Mongolia. His wife, Suriyaragchaa, runs her own business, providing tailoring and cobbler services at home. His two sons, Gonchigsuren, age 21, and Ser-Od, age 19, and his daughter, Budhand, age 17, are all university students. His youngest daughter, Otgonsuren, age 8, goes to a local primary school. Erdenemonh has been running his furniture manufacturing business since 2001, on their plot of land and he made it business in 2009. He is well-known in town, for his qualified products. He is requesting a 1,500,000 MNT loan, to purchase inventory (wood and other materials) at a low price. He will use it to produce more wooden furniture. Both Erdenemonh and his wife are hard-working and diligent people, who say, "We are working hard to develop all our children into educated and well-behaved people."



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Loan details