A loan of $1,225 helped to purchase tools and equipment such as an air compressor, generator, circular saw and extension cords.


Sengesamba's story

Mr. Sengesamba is 46 years old and lives with his wife and two children in Ulaanbaatar, the capital city of Mongolia. The family resides in a traditional Mongolian ger (portable felt dwelling) on his sister’s plot of land. His wife works as a fuel dispenser at a petroleum-importing company. His two children both go to secondary school.

Sengesamba has been operating a carpenter’s workshop since 2012. Now the business has stabilized and he has even hired two people on a full-time basis. Before this business, he purchased and sold coal at wholesale prices to local people. Also, during the summer time, he renders transportation of goods and services at an outdoor market.

He is requesting a loan of 1,700,000 MNT to purchase tools and equipment such as an air compressor, generator, circular saw and extension cords. As a result, he will be able to generate more income for his family as well as produce high-quality products, thus increasing consumer satisfaction.



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Loan details