A loan of $1,150 helped to purchase a car for his son to start a taxi business..


Sukhbaatar's story

Mr. Sukhbaatar, 59, runs a taxi around the districts of Ulaanbaatar, the capital city of Mongolia. He has been doing his business since 2008 and already has had many permanent customers. He lives with his family in a ger, a Mongolian traditional nomadic tent, in the slum district of Ulaanbaatar. Currently his taxi business income is the main income source for his family. His oldest son has decided to start a business like his father’s. First he needs to purchase a suitable car. The loan Sukhbaatar is taking will be dedicated to cover the cost of his son’s purchasing a car for starting a taxi business.



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