Funded

Total loan: $750
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Sergelenbaatar


A loan of $750 helped to purchase spare parts for his car adjustments.


Sergelenbaatar's story

Sergelenbaatar, 47, works as a repairman in an auto-repair service. He lives with his wife and son in Ulaanbaatar, the capital city of Mongolia. He has been doing his job for six years and his salary is about US $350 in a month, which does not usually cover his family's necessary expenses. Therefore he decided to start a second business driving a taxi around the city. Recently he bought an old car from his company at a low price. He will use it for his new business. But, first he needs to make some adjustments and repairs to his car, which will improve the service quality of his new business. The loan he is requesting will be dedicated to the purchase of spare parts for his car adjustments.



Loan details

Loan length:

15 months
Disbursed date: January 24, 2012

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: January 24, 2012