A loan of $2,900 helped to purchase old/damaged automobiles and spare parts.


Urtnasan's story

Mrs. Urtnasan, 45 years old, lives with her husband and children in Ulaanbaatar, Mongolia. The family resides in their own house on plot of land. She and her husband have been running an auto service business since 2000 and have accumulated a vast amount of experience in this type of business. First she purchases old automobiles and spare parts from outdoor markets at low prices and then her husband repairs the old automobiles with spare parts and sells them to customers when they are finished. In the beginning of the business, they were using their yard as a repair site and later built a garage which is specifically built for auto service. In order to expand her business, she is requesting a loan of 4000000 MNT to purchase old damaged automobiles and spare parts. As a result, they can generate more income for their children’s education. The borrower is a very hardworking individual who doesn’t use alcohol or tobacco at all. She and her husband are strict about time and money.



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Loan details