A loan of $1,800 helped to purchase necessary equipment, paints, and mastic for her auto repair shop.

Shinebayar's story

Mrs. Shinebayar, 28 years old, lives with her daughter in Ulaanbaatar, the capital city of Mongolia. She learned Vietnamese by befriending Vietnamese students, and it helped her to work as a manager in Vietnamese-invested company.

By 2005, she had worked there for five years, and in 2010, she opened her own auto repair shop; it has been operating quite well over the last few years.

Her daughter is only five years old, and she lives with her in an apartment, along with her two Vietnamese workers.

In order to expand her business, she is hiring one more person from Vietnam, and needs several necessary pieces of equipment. So she is requesting a loan of 2,500,000 MNT to purchase some necessary items such as paints, mastics and equipment.

As a result, she can generate more income, and can invest in her little daughter’s future needs.

Loan details

Lenders and lending teams

Loan details