Mrs. Enkhmandakh, 34 years old, lives with her husband and children in Darkhan, the second largest city of Mongolia. She has been working as a grinding mill operator at a mining company since 2009. Her husband is a driver for a building company and uses a company automobile. She is requesting a loan of 4,000,000 MNT to buy an automobile that runs on natural gas. The car will be used by her husband for his taxi service on his day off. As their children are growing bigger and bigger each passing day, they are need to generate more income. Also, the natural gas vehicle has its own advantages such as cleaner emissions, lower emissions of carbon, lower particulate emissions per equivalent distance traveled and wastes less fuel.
More information about this loan
This loan is part of Credit Mongol's green loan program, which helps clients to purchase products for improving their heating and ventilation systems, reducing pollution and health problems caused by burning coal in the winter.
About Credit Mongol
Credit 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.