A loan of $325 helped to buy a refrigerator.


Batsayhan's story

Batsayhan B. is 42, married and the father of two. His family lives in Ulaanbaatar, the capital city of Mongolia. His spouse, Sarantsetseg, is unemployed and stays at home. Batsayhan's eldest daughter is a university student, and his youngest attends elementary school.

In 2005, Batsayhan started his retail business along with a taxi service. When he began his business, he had only one vehicle and drove it himself. From his profit, he has been able to buy two more cars, which he rents out to other taxi drivers.

His daily income per car is around 12,000 tugrug ($1.00 USD=1450 MNT), and his monthly income can reach over 1 million tugrug. With this loan, he will buy a refrigerator for his home. Batsayhan is a hard-working person who wishes a happy life for his two daughters.



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Loan details