Total loan: $1,825
Niseh, Ulaanbaatar, Ulaanbaatar, Mongolia / Services
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A loan helped to purchase an eco-friendly, electric and gas consuming car to reduce the transportation costs of his business.
Mr. Otgonchuluun is 49 years old. He lives with his wife and six children in a house in the Niseh district of Ulaanbaatar, Mongolia. His wife, Badamhand, works at an administration office of the administrative area. His older two children Lhagvatomor, age 24, and Lhagva-Ochir, age 22, are university students and lived in a dormitory during the previous loan term. His sons Osohbayar, age 17; Osohbat, age 16; and daughters Anujin, age 15; and Anudari, age 14, go to a local school. He has been producing leather clothing at home for years as his business. He purchases leather and other inventory from the biggest local market at the lowest possible price and sells his finished goods to local customers. He is now requesting 2,500,000 MNT (Mongolian tugriks) to purchase an eco-friendly, electric and gas consuming car to reduce the transportation costs of his business. He is an experienced, hardworking and modest man.