A loan of $1,950 helped to purchase a new truck.


Munhbayar's story

Munhbayar is 29 years old and lives with his wife and two kids in a ger, a Mongolian yurt, in Uvs province of Mongolia. His one daughter is a student in elementary school and the other one stays at home with her mother. He started his taxi service in 2004 with his car. Now he wants to buy a truck for 6,000,000 MNT. In order to buy a truck he'll sell his car. He'll also sell 2000 seabuckthorn trees which he planted himself, for 2,000 MNT each. He is a hardworking and diligent man who says, "Now that the mining business is booming in Mongolia there's high demand for trucks. With the income I want to build my own house." He is requesting a 2,500,000 MNT loan to purchase a new truck for his taxi service.



Loan details


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Loan details