A loan of $1,100 helped to purchase some equipment and tools to start his own automobile repair business.


Erdenetsogt's story

Erdenetsogt is 22 years old and lives with his wife and son in a ger in Dornogovi Province, Mongolia. His wife Ochir, 21, stays home taking care of their newborn baby boy, Onobayar, who is 6 months old. He has been working as an assistant worker in an automobile repair center for years and he has obtained a lot of experience and the trust of a lot of customers over the years. He is now planning to start his own small vehicle repair business in a rental place closer the province's population center. He is requesting 1,500,000 MNT to purchase some equipment and tools to start his own business. He will use his new profits to pay for the needs of his expanding family. He is a hardworking, diligent and active person.



Loan details


Lenders and lending teams



Loan details