A loan of $1,875 helped to purchase some timber to build a fence for his land.

Bat's story

Mr. Bat is 30 years-old. He is a taxi driver who lives with his wife and two children in Ulaanbaatar, the capital city of Mongolia. Last April, he bought a new car for his business from another loan and he repaid it successfully and on time. He had been paying MNT37,700 everyday to the lender and now he has been saving this amount of money everyday due to having finished that loan.

Recently, he purchased a small sized piece of land in a suburb and he must build a timber fence there. Therefore, he requested a loan to purchase some timbers to build a fence for his land. Currently, this family lives in a ger, a Mongolian nomadic tent. They plan to build a house on their land after the fence is built.

Loan details

Lenders and lending teams

Loan details