Her elder son has become employed as a salesman by a business entity, but the employer requires him to have an automobile, to be used for transporting products and meeting with potential clients. So Myagmarsuren is requesting a loan of 6,000,000 MNT. She will use it to purchase an automobile that runs on natural gas. This natural gas car has cleaner emissions, with lower carbon and particulate emissions per equivalent distance traveled, and less fuel wastage. Purchasing this car will enable her son to secure his employment. It will also contribute to the efforts against air pollution, by emitting fewer harmful chemicals into the air.
The borrower is a very hardworking individual, who has a vast amount of experience in her job and a good reputation for her service.
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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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