A loan of $2,850 helped to buy a truck.


Javhlanbayar's story

Javhalanbayar is 31 years old and lives with his wife and two daughters in Umnugobi province, Mongolia. His wife is a housewife and takes care of the two daughters, ages 8 and 3. His oldest daughter is in secondary school and the youngest is in kindergarten. He and his family lives in a “ger”, a traditional Mongolian tent. After working as a fireman for several years, Javhalanbayar decided to start his own business. In 2009, he purchased tire repair equipment with a loan from Xacbank and started his tire repair business. The profits from his tire repair business have allowed him to build a working place in his yard. After years of successful business operations, Javhalanbayar has earned a good reputation among his customers for his excellent repair work. He hopes to have a sustainable workspace and large auto repair shop in the future. Also he wants to start a grocery shop in his yard so that his wife can earn money to supplement to their earnings. He says, “I am working hard in order to build a grocery shop for the future.” He is requesting a loan of 4,100,000 tugrugs to buy a truck for his business.



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