A loan of $575 helped to purchase some spare parts to repair and service his vehicle.


Bayar's story

Bayar is 26 years old and lives with his wife and infant daughter in Ulaanbaatar, the capital city of Mongolia. They don’t have their own house but they live in a traditional Mongolian nomadic tent on his parents' land. He has a second-hand microbus (people carrier or van) and got a contract with the transportation authority to carry people on remote bus routes. He has been running his transportation business since 2006. His wife Solongo works with him as a cashier.

Bayar is a very hardworking and optimistic person whose goal is to extend his business and provide for the necessary expenses of his family. He also wants to have his own plot of land and a house to live in.

Last year he took a loan from our institution to renew his minivan. This is his second Kiva loan through Credit Mongol and this time he is requesting a loan to purchase some spare parts to repair and service his vehicle.



Loan details


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Loan details