A loan of $2,950 helped to restart his shoe manufacturing business.

Erdenebayar's story

Erdenebayar, 32, lives with his wife and a son in a traditional nomadic yurt, in Ger, Uvurhangai province, Mongolia. His wife, Tserennadmid, is 35 years old. Until recently, she helped her husband run their family business of traditional shoe manufacturing. His son, Enhmend, studies at a local secondary school.

Erdenebayar learned traditional shoe manufacturing from his sister in 1992, when he was helping her run her business. He and his wife started their shoe manufacturing business in 2002 but stopped it in January 2013 due to a lack of investment and inventory.

He is now requesting a loan of 5,000,000 Mongolian tughrik to restart his shoe manufacturing business. He and his wife are well-experienced and hardworking people.

Loan details

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Loan details