Funded

Total loan: $1,075
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Altangerel

Mongolia
Arvaiheer, Uvurhangai, Mongolia / Motorcycle Repair

A loan of $1,075 helped to purchase motorcycle parts.


Altangerel's story

Altangerel is 31 years old and lives with his mother and younger siblings in a house in Uvurkhangai province, Mongolia. He supports his family by operating a motorcycle sales and repair business in his town. He sells a variety of Chinese motorcycles to the public. Due to the rough terrain and lack of roads in the Mongolian countryside, motorcycles are a popular form of transportation. Altangerel started his business in 2007 after helping his mother manage her consumer goods business for two years. He has gained much experience and earned a positive reputation amongst his customers. His earnings have enabled him to buy a house and yard for his family. Altangerel is a very open-minded businessman and is known for his good character. He is focused on the future and says, “I want to continue to improve my business.” He is requesting a 1,500,000 tugrug loan to purchase motorcycle parts for his business.



Loan details

Loan length:

26 months
Disbursed date: December 7, 2009

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: December 7, 2009