A loan of $1,725 helped to buy a car to start a taxi service.


Damdinsuren's story

Damdinsuren is 47 years old and lives with his wife and three children in a ger in Tosontsengel south of Zavkhan province. His wife is a street food vendor, his older daughter is a college student, and his younger children are secondary school students. Damdinsuren started his mini-truck transportation service business in 2010 and his monthly profit ranges from 150,000 to 250,000 MNT. His business is seasonal and he is therefore planning taxi service to provide year-round income.

Damdinsuren is requesting 2,300,000 MNT loan to buy a car for his taxi service. He is a humble and hardworking man. Damdinsuren says, ''my older daughter is college student so I have to prepare for my daughter tuition.''



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