A loan of $2,425 helped to aggregate his car payments so he can afford to start a taxi business.


Munkhbold's story

Mr. Munkhbold, 28 and a marketing manager in a private company, lives with his wife and son in Ulaanbaatar, the capital city of Mongolia. He has been working as a manager since last year but his salary is not enough for his family. So he wants to run a taxi business after his work on weekdays or weekends. It is beneficial for his family income and to improve their quality of life. Starting a taxi service calls for a good and solid car. And he needs a financial support with the car payments. Therefore Munkhbold is taking a loan to aggregate his car payments so he can afford to start a taxi business.



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