Funded

Total loan: $1,675
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Margalaa


A loan of $1,675 helped to buy a new car.


Margalaa's story

Margalaa is 32 years old and lives with his wife and two children, aged 1 and 4, in Hovd province, Mongolia. They live in a ger, a traditional Mongolian nomadic housing tent. His wife is a salesperson at Talst Optic, a private company. Margalaa operates a taxi service in his town. He started his business in 2004. He is a reliable and safe driver who is renowned amongst his customers. He is planning to continue his business in the future. He says, "All I want is to build a house where my family can live happily." He is requesting a 2,000,000 MNT loan to buy a new car.



Loan details

Loan length:

26 months
Disbursed date: April 12, 2011

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: April 12, 2011