A loan of $1,975 helped to renovate his cookie factory.

Sainbayar's story

Mr. Sainbayar, 38 years old, lives with his wife and children in Kherlen, the easternmost town of Mongolia. He and his wife have been making and selling cookies to the local people since 2007 and managed to secure lot of customers. His cookie factory has been damaged due to old age and harsh climate. So he is requesting a loan of 3,000,000 MNT to purchase building and insulation materials in order to repair the factory roof and walls. The materials he needs are bricks, shingles, cement and fiberglass. After repairing and insulating the cookie factory, he won't have to worry about storage. Also, the renovated factory has a positive impact on the environment because the amount of coal needed for heating will be decreased and less pollutants will be released into the air.

The borrower is a very hardworking individual who strives for a better future.

Loan details

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Loan details