A loan of $2,550 helped to buy a used car for carrying her children to their school and kindergarten and to increase her family income by using the car as a taxi.


Munkhzul's story

Mrs. Munkhzul is 27 years old. She lives with her husband and a 6- and 4-year-old boy and girl in her wooden house, which is located in a boundary area of Ulaanbaatar, the capital city of Mongolia. She works as a games mistress in a private school, and her husband has been working as a public bus driver in a transportation company for six years. Her elder son studies at a government secondary school and the younger one goes to kindergarten. Four years ago, her family received a housing loan to buy a house. By this past August, they had paid back the loan. Now, Munkhzul is asking for a 3,500,000 MNT (Mongolian tugriks) loan to buy a used car for carrying her children to their school and kindergarten. Also, she said that she has a plan to run a taxi business in her spare time between home and school. By doing this, she can increase her family income. In Mongolia during rush hour, finding a taxi can be “mission impossible.” In the future, she is planning to own an apartment with a water and sewer line.



Loan details


Lenders and lending teams



Loan details