Funded

Total loan: $1,250
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Purevsuren

Mongolia
Ulaanbaatar, Mongolia / Transportation

A loan of $1,250 helped to buy a second-hand engine and perform other services on the truck he uses for his transportation business.


Purevsuren's story

Purevsuren is 57 years old and lives with his wife in a ger, a traditional Mongolian nomadic ten, in Ulaanbaatar, the capital of Mongolia. He has six adult children who all live separately with their families. His wife retired early because she gave birth to six children. Purevsuren runs a transportation business with his truck. He has a clients who use his service daily to deliver their goods from the warehouse to market. A few days ago his truck’s engine broke and now needs to be repaired.

Purevsuren will use the requested loan to buy a second-hand engine and replace the truck's broken engine. He will also use the funds for other services on his truck that he uses for his transportation business.



Loan details

Loan length:

26 months
Disbursed date: May 18, 2011

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: May 18, 2011