Funded

Total loan: $1,425
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Serjmaa

Mongolia
Ulaanbaatar, Mongolia / Furniture Making

A loan of $1,425 helped to purchase planks and paints to make wooden furniture.


Serjmaa's story

Mrs. Serjmaa, 40 years old, lives with her husband and three children in Ulaanbaatar, the capital city of Mongolia. The family resides in a Mongolian traditional ger (portable felt dwelling) on a plot of land. She sells homemade foods to vendors at an outdoor market. Moreover, she and her husband make wooden products such as frames, doors and chairs.

During this period of time, demand for wooden products increases, but due to a lack of finances, she can't afford to purchase raw materials. So she is requesting a loan of 2,000,000 MNT (Mongolian tugriks) to purchase planks and paints. As a result, she and her husband can continue to make and sell wooden products to local people. The borrower is a very hardworking individual who strives for a better future.



Loan details

Loan length:

14 months
Disbursed date: April 9, 2013

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: April 9, 2013