A loan of $1,650 helped to purchase raw materials needed for making putty.


Erdenebayar's story

Mr. Erdenebayar, 40 years old, lives with his wife and two daughters in Ulaanbaatar, the capital city of Mongolia. His family has been living in a house on his friend's plot of land for about eight years. His two daughters go to high school. He has been making and selling putty to the local people for a living. His wife works as a water distributor. He purchases all of his raw materials from a China border city and usually brings materials in large quantities. During this time of year, demand increases drastically so he is requesting a loan of 3,000,000 MNT to purchase putty ingredients. As a result, he can continue to make and sell his putty without worrying about inventory shortage.



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