Funded

Total loan: $425
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Bat-Orshih

Mongolia
Tsetserleg, Arhangai, Mongolia / Furniture Making

A loan of $425 helped to purchase more materials for his carpentry business.


Bat-Orshih's story

Bat-Orshih D. has a family of five and lives in Arhanghai, one of the central provinces of Mongolia. His oldest daughter is a high school teacher and lives away from her parents. His second-oldest daughter is a college student in Ulaanbaatar, the capital city of Mongolia. Currently, Bat-Orshih lives with his wife and his youngest daughter, who is a local high school student. Bat-Orshih started a small carpentry business in 1990, with just 40,000 MNT of capital ($1 USD=1,500 MNT). He makes wooden furniture, such as chairs, beds, and tables. His clients are mostly from the town where he lives. As the business expands, he would like to acquire more clients from neighboring towns in the province. In the future, he hopes to continue to be able to afford his daughters' college tuition. He requests a loan to purchase more wood for his carpentry business.



Loan details

Loan length:

9 months
Disbursed date: April 17, 2009

Lenders and lending teams



Loan details

Loan length:

9 months
Disbursed date: April 17, 2009