Total loan: $1,975


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Uvurhangai, Övörkhangai, Mongolia / Housing

Myagmarsuren's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped To finish construction of his house and purchase necessary spare parts.

Myagmarsuren's story

Myagmarsuren G. is 30 years old and lives with his wife and three-year-old son in Uvurhangai province of Mongolia. He and his family live together in a 'ger', a traditional Mongolian nomadic tent. His son is in a local kindergarten while his wife works as a cook in a local cafe. Myagmarsuren owns a taxi service in his town. He started his business in 2008 after purchasing his own car. In his town, there is no public transportation service therefore demand for taxi service is high. After a short period of operation, he has expanded his customer base and earned a good reputation among the local people. He has found success in his business and his earnings have enabled him not only to buy a plot of land and fence but also to start building a house for his familyoin it. Moreover, his family's standard of living has been improving greatly. Myagmarsuren is requesting a 2,500,000 MNT loan to finish construction of his house as well as purchase a necessary spare parts for his taxi.