Funded

Total loan: $1,050
Powered by 36 lenders

Surenhorloo


A loan of $1,050 helped to purchase replacement parts for his taxi.


Surenhorloo's story

Surenhorloo is 32 years old and lives with his wife and three children in Bayanhongor province, Mongolia. His wife is a hairdresser for a private company. He lives in a ger, a traditional Mongolian nomadic tent, and operates a taxi service in his town. He began his business in 2007 after working and living in Korea for two years. Since then, his working capital has grown and he plans to open a hair salon for his wife. Within a short period of operating his business, he has gained a good professional reputation among the people of his town as a safe, reliable driver. Surenhorloo would eventually like to buy a larger, more comfortable car so that he can transport more people across longer distances, which would increase his profits. He is requesting a 1,500,000-tugrug loan to purchase replacement parts for his taxi so that he can keep getting his customers where they need to go and furniture for his home.



Loan details

Loan length:

26 months
Disbursed date: December 10, 2009

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: December 10, 2009