A loan of $1,100 helped to cover the cost of his new car for his taxi business.


Soninbayar's story

Mr. Soninbayar, 21, drives a taxi around the districts of Ulaanbaatar, the capital city of Mongolia. He has been conducting his business since 2009 and has gained enough experience by himself. He is divorced and his children live with his wife.

Recently, he has changed his old Russian car by buying a new one for serving and improving his business. But he still could not pay its costs off to the seller. Changing cars will influence the passengers' satisfaction and increase the number of them. The loan he is taking will be used to cover the cost of his new car for his taxi business.



Loan details


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Loan details