A loan of $1,200 helped to purchase spare parts for his car renovation.


Munkhbat's story

Munkhbat, 22, runs a taxi around the districts of Ulaanbaatar city, the capital city of Mongolia. He lives with his wife and son in the slum district of Ulaanbaatar. His monthly earning is not enough for his family's necessities. He earns approximately USD 25-30 in a day, depending on the season. He has been running his business for three years and his father practiced him initially. Now he needs to renovate his taxi car for better quality service. As he said, it will help to improve his business and increase his earnings. He will repair and renovate his car in January by himself. The loan he is taking will be dedicated to purchasing spare parts for his car renovation.



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