A loan of $2,875 helped to make the final payment on his land.


Munkh-Erdene's story

Mr. Munkh-Erdene, 31 years old, lives with his wife and two children in Ulaanbaatar, the capital city of Mongolia. The family resides in a Mongolian traditional ger (portable felt dwelling) on a plot of land. He and his wife make Mongolian traditional boots, designed for children. They are experienced boot makers and sell them to vendors at an outdoor market. Recently they have bought land and paid one third of the land price and now the remaining payment must be paid as soon as possible. So he is requesting a loan of 4,000,000 MNT to pay the land payment. As a result, his family can live in their beloved ger on their own land without worrying about rental land, as they previously rented land to reside. The borrower and his wife are very hardworking people who deeply care about their children's education.



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