Mr. Sukhbaatar lives with his wife. His three children have already started their own individual lives. He has three years of experience in the taxi business. He used to drive his employer's car, but later realized that he could make more money driving his own car. In 2010, he bought a car to use for his own business.
He is a very hardworking and motivated husband who wishes for a better life for his family. He is requesting a loan to repair his car. It will help the quality of his taxi service and will increase his earnings in the future.
About Credit Mongol
Credit Mongol is the largest non-banking financial institution (NBFI) in Mongolia. Its mission is to contribute to the prosperity of Mongolians by providing high-quality, affordable and varied financial services to micro-entrepreneurs and small-to-medium-sized businesses. It prioritizes serving remote, rural populations that have typically lacked access to credit and other financial services. Uniquely, it offers solar panel loans to nomadic herders, most of whom live without electricity.