The project

Munkh-Erdene owns a business felt slippers for the last 5 years. He finds raw materials and resource from local herders and suppliers. Today he has got two workers who are sewers and rents a stall at the Uguuj trade center selling products to customers. Also he supplies to local markets and regular customers. 

With a loan of 10 million tugriks, Munkh-Erdene will be able to improve his business purchasing a tread press machine to produce more products.

Lendahand will provide this loan to Munkh-Erdene together with local partner VFM. The loan has to be repaid in 24 months.