A loan of $3,800 helped to purchase an eco-friendly electric and gas consuming car for both business and family use.


Narangerel's story

Narangerel is 31 years old and lives with his wife and two sons in Ger in Ulaanbaatar city of Mongolia. His wife Ganzul, age 28, helps her husband and stays home taking care of their two sons. His son Bilguun, age 11, goes to a local school and son Naranzul, age 2, stays home. He has been running his retail clothes business in a local market since 2005. He has already built a strong relationship with his customers and suppliers. He imports inventory from China once or twice a month. He needs a car to reduce his transportation service expense by purchasing a car which is also an eco-friendly electric and gas consuming one. He is now requesting 5,250,000 MNT to purchase an eco-friendly electric and gas consuming car for both business and family use. He is a hardworking, communicative and responsible person.



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Loan details