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

Otgonjargal's story

Otgonjargal, 23, lives with his parents and three siblings in Ulaanbaatar, the capital city of Mongolia. The family resides in their own house. His parents are retired from work. His sister, 43, works as a waitress in a restaurant, and his younger brother and sister both go to university and high school, respectively.

In April of 2012 he began working as an electrician. Because the place where he works is very far away from home and he picks up his younger brother from university, he needs a quality automobile. Therefore, he is requesting the loan of 6800000 MNT to buy a new automobile which is environmentally friendly. As a result, the family can spare invest money in a taxi service and generate more. Also, the car emits less smoke, which will contribute to efforts against air pollution.

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