Funded

Total loan: $1,775
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A loan of $1,775 helped to buy tires and spare parts for his taxi.


Sergelen's story

Sergelen S., 54, is a married and has two children. His family lives in the Ger district on the plot of land he owns in the small town of Arhangay, one Mongolia's central provinces. His oldest daughter, Dorjdulam, is 19 and a university student in Ulaanbaatar, the capital city. His youngest son, Luvsandorj, is 15 and attends a local high school. Sergelen has a second-hand vehicle which he has used to run a taxi service for last 11 years. Since he has a lots of experience in this field, his daily income has more than doubled. He is a friendly, open and well-respected person. Since he lives is a very small town, most of his clients are local residents who know him very well. He is applying for this loan to buy tires and spare parts for his vehicle.



Loan details

Loan length:

21 months
Disbursed date: June 18, 2009

Lenders and lending teams



Loan details

Loan length:

21 months
Disbursed date: June 18, 2009