A loan of $700 helped purchase spare parts for his car.


Boldbaatar's story

BOLDBAATAR D. is 34 years old and lives with his wife and three children in Arkhangai province in central Mongolia. He has three sons, two of whom are university students; the youngest is in kindergarten. He has run a taxi business since 2006 and has gained much experience in the last three years.



During this time, his business has been quite successful, as Boldbaatar has increased his working capital from 250,000 to 1,000,000 MNT. He must operate the business as well as pay his sons' tuition fees from his profit and savings. He is requesting a loan in order to increase his available working capital and purchase spare parts for his car.



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