A loan of $725 helped to purchase an automobile.


Nyambayar's story

Nyambayar, 25, lives with his wife in Darkhan, the second largest city in Mongolia. The family rents an apartment where they run their computer business. His wife sells spare computer parts to local people while he himself renders computer repair and programming services in remote districts. Due to the constant traveling and taxi service payments, he needs an automobile which runs on natural gas. Therefore, he is requesting a loan of 1,000,000 MNT to purchase an automobile. He has saved 2,400,000 MNT and the actual price of the automobile he is purchasing is 3,400,000 MNT. As a result, he will be able to spare time for his and his wife’s education and increase customer satisfaction by rendering fast and qualified service.



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