A loan of $375 helped to finish building his house.

Naranbaatar's story

Naranbaatar N. is a 30-year-old man. He lives in the town of Ulaanbaatar. He is married and has 2 very young children. To make a living, Naranbaatar owns and operates a taxi. Naranbaatar has been engaged in this business for over 4 years, and earns approximately 400,000 tugrug a month from it.

In 2010, Naranbaatar joined Credit Mongol to gain access to financial services to help improve his living situation and ability to engage in business activities. He is now requesting a new loan of 500,000 tugrug. The current loan will be used to finish building his house.

About Credit Mongol:
Credit Mongol’s mission is to contribute to the prosperity of Mongols by providing diversified financial services to micro and SME clients and to become the best performing company in micro and SME financing in Mongolia.

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Loan details