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A loan of $1,625 helped to buy a new and better taxi.

Batnairamdal's story

Mr. Batnairamdal is 27 years old and lives with his wife and daughter in Kherlen, a city in eastern Mongolia which is about 750 kilometers away from the capital. Since 2005, Batnairamdal has made a living by driving a taxi and is currently his family's sole means of support. His wife is a student and will graduate this summer as an accountant. Their daughter is one year old. Batnairamdal uses his family car in his taxi business but the car is old and needs to be replaced. He plans to sell it and buy a new one, and is applying for a loan to get the additional money he needs to pay for the new car.

Loan details

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Loan details