A loan of $1,600 helped to pay for half of the car's purchase price.


Amarzaya's story

Amarzaya Z. is 32 years old and lives with his wife and three children in Hovd province of Mongolia. He and his family live together in a ger, a traditional Mongolian nomadic tent. Byamba’s wife stays home while the older two daughters attend a local secondary school. He used to work as a herder in the countryside with 180 livestock.

At first, he started his business in 2006 by operating a raw materials trading business. Since 2008, Amarzaya has been operating a car repair business in his town. Now, he plans to run a taxi service using his car. In the future, he hopes to buy his own house and therefore he plans to start saving money from now on. Amarzaya is requesting a 2,000,000 MNT loan in order to pay for half of the car's purchase price.



Loan details


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Loan details