Funded

Total loan: $875
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Enkhtaivan

Mongolia
Ulaanbaatar, Mongolia / Auto Repair

A loan of $875 helped to purchase welding apparatus and build a passage for automobiles.


Enkhtaivan's story

Enkhtaivan, 27 years old, lives with his wife and two daughters in Ulaanbaatar, the capital city of Mongolia. The family resides in a traditional Mongolian ger (portable felt dwelling) on another person’s plot of land. He has a wheel repairing service for local people and in his operating area there is no other business providing the same service so he generates quite a reasonable amount of income for his family. In order to generate more income he is requesting a loan of 1,200,000 MNT to purchase welding apparatus as well as build a passage for automobiles which come for service. The welding apparatus can contribute to work efficiency and the passage built for automobiles can increase consumer satisfaction and ease overall work. As a result, he can generate more income for his family and invest in his daughters’ education. In the future, he has a goal of expanding his wheel repairing business.



Loan details

Loan length:

14 months
Disbursed date: January 15, 2013

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: January 15, 2013