A loan of $775 helped to make necessary repairs to his taxi.


Otgonbayar's story

Otgonbayar is 41 years old and lives with his wife and three children in the Hovd province of Mongolia. He and his family all live together in their ger, a Mongolian nomadic housing tent. His two oldest children attend secondary school while his youngest daughter stays at home with his wife.

Otgonbayar owns his own car and is a taxi driver in his town. He began his business in 2008 and has gained a lot of business experience in a short amount of time. He needs to keep his car in good condition so that he can continue to earn a living. Therefore, he is requesting a 1,100,000 tugrug loan in order for him to make the necessary repairs and to replace parts on his car.



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Loan details