A loan of $775 helped to buy motors and some spare parts for two cars.

Ganbold's story

Ganbold is a 51-year-old man who lives with his wife and 3 children in Dornogovi province in Southern Mongolia. He has been running an auto repair business for 7 years with his wife and children. When they moved to the center of the province, he started the business activity offering a few services inside his fence. Now the types of service have been extended and he has made many regular customers, not only in the area but from the neighboring provinces. He has just bought two broken-down cars at a lower price and is planning to buy some necessary spare parts to repair them.

Ganbold is a talented man in his field and says, "I would like to repair these two cars by buying motors and some spare parts. I plan to sell them after repairing them." The total amount he is requesting is 1,000,000 MNT to buy the motors and some spare parts for the cars.

Loan details

Lenders and lending teams

Loan details