Funded

Total loan: $2,125
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Mongonbagana

Mongolia
Uvs, Mongolia / Furniture Making

A loan of $2,125 helped to purchase inventory and equipment for his new wooden furniture manufacturing business.


Mongonbagana's story

Mr. Mongonbagana is 43 years of age and lives with his wife and 4 children in Ger in the Uvs province of Mongolia. His wife, Nyamduuren, works at a local kindergarten. His older son studies at university, and the 3 younger children study at a local secondary school.

Mr.Mongonbagana works together with his siblings in furniture manufacturing, and he is now starting his own furniture manufacturing business. He is requesting a loan of 3,000,000 MNT to purchase inventory and equipment for his new wooden furniture manufacturing business. He is a hardworking, welcoming and modest man.



Loan details

Loan length:

38 months
Disbursed date: May 2, 2013

Lenders and lending teams



Loan details

Loan length:

38 months
Disbursed date: May 2, 2013