Funded

Total loan: $3,600
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Munhbayar


A loan of $3,600 helped to purchase an eco-friendly car.


Munhbayar's story

Munhbayar is 29 years old and lives with his wife and two daughters in a small house in the Hovd province of Mongolia. His wife, Monhtsetseg, 30, helps him to work at a construction company during summers. His daughter Hishigzaya, age 9, goes to local primary school, and Egchiglen, age 4, goes to local kindergarten.

He works at a construction company during summers and provides taxi service during winter to local customers. His car has broken down and he is planning to purchase another second-hand car that is an eco-friendly electric and gas-consuming hybrid car to provide taxi service without problems.

He is now asking 5,000,000 MNT to purchase the eco-friendly electric and gas-consuming car for his taxi service business. He is a hardworking, positive and responsible man who also has good record on previous loans from XacBank.



Loan details

Loan length:

38 months
Disbursed date: November 16, 2012

Lenders and lending teams



Loan details

Loan length:

38 months
Disbursed date: November 16, 2012