Funded

Total loan: $1,225
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Enhbaayar


A loan of $1,225 helped to purchase a car engine and spare parts.


Enhbaayar's story

Enhbaayar is 27 years old and lives with his wife and a son in a ger, a Mongolian felt tent, in the Hentii province of Mongolia. His son will attend kindergarten this fall and his wife is an accountant at Baylag Hurah LLC. Enhbaayar started a transportation service in 2005. After saving his profits, he purchased a car in 2010 and became a taxi driver. Now, he runs a public transportation service in his local town. Enhbaayar is well-balanced in terms of providing income to his family and supporting his business. He is a hardworking, diligent, and honest man who says, "After I received my driver's license, I was in the public transportation business. Now my wife is pregnant and I cannot go far away from home for longer time. That is why I bought this small car. I fix this car by myself.”

Enhbaayar is requesting a 1,500,000 MNT loan to purchase a car engine and other spare parts to maintain and repair his car.



Loan details

Loan length:

26 months
Disbursed date: August 10, 2011

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: August 10, 2011