A loan of $1,250 helped to repair his house.


Hayanhyarvaa's story

Hayanhyarvaa is a 47-year-old man who lives with his wife and two children in their own house in Songinohairhan district, Ulaanbaatar, the capital city of Mongolia. His wife and daughter, age 23, are unemployed while his son, age 24, helps with his business. He manages a public-transportation service in Ulaanbaatar city. He started his business in 1999 with only one minibus. With 12 years of business experience, he has been able to build a good relationship both with his partners and customers. Now he owns two minibuses and earns 70,000 Mongolian tugriks (MNT) daily. He also pays 10,000 MNT of salary to his conductors per day and his net monthly profit is 400,000-500,000 MNT.

Since beginning his business operation, his living conditions have been rising tentatively. He is happy to feel improvements both in his life and in his career. He is a very delightful and cheerful person who was thankful with our bank service. He is requesting a loan of 1,500,000 MNT to repair his house in order to make his life much better.



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