Funded

Total loan: $4,325
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Batsuuri


A loan of $4,325 helped to purchase an automobile which runs on electricity.


Batsuuri's story

Batsuuri, 52 years old, lives with his wife and niece in Ulaanbaatar, the capital city of Mongolia. His daughter has passed away so he and his wife care for her child. He has been running a candy and sweets business since 1998 at a local market. He takes his goods from wholesale food centers. Also he has retired from the police organization and gets a pension. Due to diabetes, his left leg has been replaced with an artificial leg, but he has still difficulty walking and uses a crutch. He is requesting a loan of 6,000,000 MNT to purchase an automobile which runs on electricity and emits less smoke. As winter comes to Mongolia, the air in Ulaanbaatar is greatly polluted and encouraging the usage of environmentally friendly cars is essential in reducing air pollution. Issuing this loan to the borrower means he can work enthusiastically and also more importantly it will contribute to environmental protection.



Loan details

Loan length:

26 months
Disbursed date: December 12, 2012

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: December 12, 2012