Funded

Total loan: $1,150
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Badam

Mongolia
Ulaanbaatar, Mongolia / Transportation

A loan of $1,150 helped to buy spare parts to repair his minivan.


Badam's story

Badam is 52 years old and is widowed. He lives with his son in a ger, a Mongolian nomadic yurt. Badam runs a passenger minivan service between two outdoor bazaars in Ulaanbaatar, the capital city of Mongolia. He has been driving a car for many years. He used to work as a driver in a company but left that job due to a poor salary. Badam's vehicle has become badly damaged and he is unable to use it in his business.

Badam is requesting a loan to repair his vehicle and buy spare parts to repair his minivan. He believes his business will be easier and more profitable after his minivan is repaired.



Loan details

Loan length:

15 months
Disbursed date: May 18, 2012

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: May 18, 2012