A loan of $4,875 helped to buy a car.


Batireedui's story

Mr. Batireedui is 29 years old and lives with his wife in Ulaanbaatar, the capital city of Mongolia. The family's only income source is Batireedui’s job in construction enterprise. He is quite adept at his job as a crane operator. To improve their living standard, the couple wants to buy a car as a source of extra income. So far, the couple has accumulated 1,700,000 MNT, but the actual price of the car is 8,500,000 MNT. So, he is requesting a 6,800,000 MNT loan. The car they want to purchase has an electric engine which is environmentally friendly, and pollutes the air less than other automobiles. By taking out this loan, this young family can buy their car and contribute to their household income.



Loan details


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Loan details