A loan of $725 helped buy a PC and table and chair for his daughters.


Naranbaatar's story

Naranbaatar is 38 years old. He lives with his family in a ger, a traditional Mongolian yurt, in the boundary area of Ulaanbaatar, the capital of Mongolia. His family consists of 5 people: his wife and their 3 children, aged 8, 6, and 3. His wife doesn’t have a job, so she looks after the children.

Naranbaatar is a taxi driver and has been running a taxi business for 3 years. Before this, he has worked as a steel frame worker in a construction company. However, his salary was low compared to the risk he was taking. He managed to earn some money to buy a car and a plot of land. In 2010, he bought the land and the car, which he is using now for his taxi business. He says, running a taxi business is more profitable than his previous job, so he has a plan to continue this business.

Naranbaatar is asking 1,000,000 MNT loan to buy a PC and table and chair for his daughters to support their education. He thinks that his daughters should have a good education in order to take high positions in society.



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