A loan of $2,125 helped to buy planks and felts for his business of making and selling Mongolian traditional gers (portable felt dwellings).


Myagmarsuren's story

Mr. Myagmarsuren, 54 years old, lives with his wife and two children in Ulaanbaatar, the capital city of Mongolia. His son studies at a technical college, and his daughter goes to high school. He and his family came to Ulaanbaatar five years ago in order to improve their standard of living. They immediately began their business selling Mongolian traditional gers (portable felt dwellings) after settling in Ulaanbaatar. He is applying for a loan of 3,000,000 MNT to buy raw materials, such as planks and felts. Using these materials, he can continue to make Mongolian traditional gers without worrying about shortages of raw materials. The borrower is a very hard-working individual who strives for a better future.



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