In April of 2012 he began working as an electrician. Because the place where he works is very far away from home and he picks up his younger brother from university, he needs a quality automobile. Therefore, he is requesting the loan of 6800000 MNT to buy a new automobile which is environmentally friendly. As a result, the family can spare invest money in a taxi service and generate more. Also, the car emits less smoke, which will contribute to efforts against air pollution.
More information about this loan
This loan is part of Credit Mongol's green loan program, which helps clients to gain access to electricity through solar panel kits, as well as other products for improving their heating and ventilation systems, reducing pollution and health problems caused by burning fuel.
About Credit MongolCredit Mongol is the largest non-banking financial institution (NBFI) in Mongolia. Its mission is to contribute to the prosperity of Mongolians by providing high-quality, affordable and varied financial services to micro-entrepreneurs and small-to-medium-sized businesses. It prioritizes serving remote, rural populations that have typically lacked access to credit and other financial services. Uniquely, it offers solar panel loans to nomadic herders, most of whom live without electricity.
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