A loan of $2,525 helped to purchase an electric car.


Badamnyambuu's story

Mr Badamnyambuu, who is 50 years old, lives with his family in Ulaanbaatar, the capital city of Mongolia. He has been working at a furniture-manufacturing plant for five years. His son works in a Korean gas company. He is requesting a loan of 3,500,000 MNT to purchase an automobile which is propelled by an electric motor. One of the reasons of choosing an electric car is that it produces no harmful pollution at the tailpipe from the onboard source of power, such as particulates, volatile organic compounds, hydrocarbons, carbon monoxide, ozone, lead, and various oxides of nitrogen. The electric car he is purchasing will be used by his son for transportation due to the long distance between his work and their home.



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