A loan of $1,450 helped to purchase large amounts of rubber and iron.

Suvd-Erdene's story

Mrs. Suvd-erdene, 30 years old, lives with her husband and four children in Ulaanbaatar, capital city of Mongolia. She has been running a business selling hand watering carts at an outdoor market. Her husband, a welder, makes the hand carts his wife sells. Usually people living in the ger district area, which has no water supply system, purchase these hand carts to transport water barrels.

Suvd-erdene's family lives in a traditional Mongolian ger (portable felt dwelling) and just began building their house. But due to a lack of finance, the house is not completed. She is requesting a loan of 2,000,000 MNT to purchase large amounts of iron and rubber. As a result, she can generate more income, which will be used to finish the house. The completed house will definitely provide the family with comfort and warmth.

Loan details

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Loan details