Funded

Total loan: $1,550
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Dosbol

Mongolia
Bayan-Ulgii, Mongolia / Transportation

A loan of $1,550 helped to purchase tires for his automobile and coal to transport.


Dosbol's story

Dosbol D. is 36 years old and lives with his wife and three children in a ger--a traditional nomadic housing tent--in the Bayan-Ulgiy province of western Mongolia. His elder two children attend a local middle school and the youngest son goes to a local kindergarten. His wife takes care of their children.

Dosbol operates a taxi service between the countryside and the capital of the province. He started his business in 1992 and after several years in business, he was able to afford to buy a larger, more reliable automobile. But the van he has purchased was a disadvantageous one that requires too much petrol which has made it hard for him to manage his business successfully and make a profit.

Dosbol is still operating his transportation business but supplements his service earnings by transporting raw materials such as sheepskins, goat skins and wool and coal from the countryside to the province center. He works very hard to provide for his family. He says, “My only wish is to support my children's education and have them become good people.”

Dosbol is requesting a 2,000,000 MNT loan to purchase tires for his automobile and a large amount of coal for his business.



Loan details

Loan length:

26 months
Disbursed date: August 19, 2010

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: August 19, 2010