Funded

Total loan: $1,125
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Bayar

Mongolia
Ulaanbaatar, Mongolia / Transportation

A loan of $1,125 helped to change his old truck.


Bayar's story

Bayar N. is 44 years old and lives with his wife and two children in Ulaanbaatar, Mongolia. He and his family live together in a relative’s ger, the Mongolian nomadic tent. His younger daughter Munkhzul is 17 years old and attends a secondary school. His wife Sarantuya is a builder, decorator. His son Azzaya is 26 years old and he works as a security guard.

Bayar operates a trucking business with his truck, which has a capacity of two tons. He is a very hard-working person and his business is very important to him.

Bayar says, “As a father, I would like to be financially available to provide a good education and other necessary expenses for my children until they grow up. Also, I would like to expand my business and to purchase my own apartment for my family in the future.”

He is requesting a loan to change his old truck.



Loan details

Loan length:

14 months
Disbursed date: July 20, 2010

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: July 20, 2010