A loan of $4,200 helped to purchase a natural-gas vehicle to be used for his transportation business.

Khadbaatar's story

Mr. Khadbaatar, age 36, earns an income from raising livestock and from offering transportation services. He lives with his mother in Darkhan, the second-largest city in Mongolia. They reside in their own house on a plot of land. His mother has retired from work and now gets a pension from the state.

Mr. Khadbaatar and his mother raise livestock, which they use both as a food source and as goods of sale. Mr. Khadbaatar has been rendering transportation services since 2006, operating between the trade center and outlying towns.

With his previous loan, he purchased hay-making equipment and upgraded his automobile by purchasing spare parts.

He is currently requesting a loan in the amount of 5,800,000 MNT, which he will use to purchase a natural-gas vehicle to be used for transportation. Compared to gasoline and diesel engines, natural gas vehicles emit cleaner carbon and lower particulate emissions per equivalent distance traveled. As a result, as a person who worries about his living environment, he feels that the purchase of this car will greatly contribute to the efforts against air pollution.

This borrower is one of our most reliable clients. He is a very hard-working individual who strives for a better future.

Loan details

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Loan details