Funded

Total loan: $4,850
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Bayanzul


A loan of $4,850 helped to purchase a natural gas vehicle for use in a taxi business.


Bayanzul's story

Mrs. Bayanzul, 43 years old, lives with her husband and son in Ulaanbaatar, the capital city of Mongolia. She has been working as a kindergarten teacher for many years, and has accumulated a vast amount of experience in the education field. Her eldest son works in Korea on an employment contract; he transfers money to his family each month.

Bayanzul is requesting a loan of 6,700,000 MNT to purchase an automobile which runs on natural gas. Natural gas vehicles emit less smoke compared to other sources of propelled automobiles. Emitting less smoke shall contribute to the efforts against air pollution.

The car she will purchase will be used by her husband for a taxi service as an income source.



Loan details

Loan length:

20 months
Disbursed date: January 23, 2013

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: January 23, 2013