A loan of $1,550 helped to purchase second-hand spare parts for her old car.

Galsandorj's story

Galsandorj U. is a 31-year-old married woman living in Hovd province, one of Mongolia's western provinces. She lives with her family and three children. Her two children go to a local secondary school and the youngest son goes to a local kindergarten. U. drives a cab in the town. She first purchased a small car in 2008 and has been using her car as a cab.

As the city authority has recently introduced city buses for locals, the taxi business has gotten more competitive. U. now works harder and more hours in order not to lose her daily income from her taxi business. After this winter, she hopes to sell her old car and purchase a better cost-efficient and fuel-efficient Japanese car for her business. She says that with the new Japanese car, she can reduce repair and maintenance costs as well as fuel costs.

For now, she requests a loan to purchase second-hand spare parts for her old car.

Loan details

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Loan details