A loan of $2,425 helped to buy more tools and spare parts.


Chuluunbat's story

Chuluunbat, 25, is married and lives with his wife and one-year-old son in Uvurhangai province of Mongolia. They have been living together in a small house for the past two years. After graduating from high school, Chuluunbat started his own transportation business. Chuluunbat operates a taxi business. His business runs between his town and Ulaanbaatar, the capital of Mongolia.

Chuluunbat also helps his wife, who operates a sewing business. She started her sewing business in 2009 making traditional items such as deels, traditional clothing, and coverings for Mongolian nomadic housing tents. She got a loan from our bank to buy a sewing machine and other necessary tools for her business. She operates her sewing business in a rented space and is now popular in her area for making traditional items.

This family wants to expand their business in order to support their needs and save money for their son's future education. Chuluunbat is requesting a loan of 3,000,000 MNT to buy more tools and spare parts for his car also for his wife's sewing machine.



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Loan details