A loan of $4,850 helped to purchase an electric car for her husband's taxi service.

Munkhbayar's story

Mrs. Munkhbayar is 39 years old and lives with her husband and four children in Ulaanbaatar, the capital city of Mongolia. The family lives in an apartment. Her husband suffered a back injury in 1997 while working in Korea on contract and since then has been unemployed. Munkhbayar herself works as a senior teller in a bank. One of the family’s other income sources is renting one of the rooms of their home.

Munkhbayar is requesting a loan of 6,700,000 Mongolian tugriks (MNT) to purchase an electric car so that her husband can start a taxi service for local people. In addition, the electric car produces no harmful exhaust pollution, such as particulates, volatile organic compounds, hydrocarbons, carbon monoxide, ozone, lead, and various oxides of nitrogen. Thus, it will contribute to efforts to reduce air pollution.

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Loan details