Funded

Total loan: $1,225
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Ariunbold


A loan of $1,225 helped to use as additional funding to build his rental house.


Ariunbold's story

Mr. Ariunbold is 27 years old and lives with his wife and two sons in Ulaanbaatar, the capital city of Mongolia. He drives a taxi and has been running it since 2007. And his wife has been working as a hotel organizer for many years. This family owns a small-sized plot of land and a house.

Recently he decided to build a house with 6-8 rooms inside his fence to rent out to others. One room's price will be USD20-25 a day. It is absolutely beneficial for his family income. If he can manage it, his income is going to increase rapidly. Maybe he could start to gain a return from renting after year or an even shorter period. But he needs additional funding for it.

Therefore Ariunbold requested a loan to use as additional funding to build his rental house. Before this, he took out a loan from another source and was able to repay successfully on time.



Loan details

Loan length:

22 months
Disbursed date: August 17, 2011

Lenders and lending teams



Loan details

Loan length:

22 months
Disbursed date: August 17, 2011