Funded

Total loan: $3,600
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Bat-Erdene

Mongolia
Uvs, Mongolia / Taxi

A loan of $3,600 helped to purchase an eco-friendly vehicle to lower costs for his taxi service business.


Bat-Erdene's story

Mr. Bat-Erdene is 26 years old and lives with his wife and son in a ger in the Uvs province of Mongolia. His wife, Oyuntsetseg, works as a saleswoman in the local market. His son, Temuulen, goes to the local kindergarten.

This borrower has been running a taxi service business in town since 2012. He has gained a lot of experience over time, however, his car has been consuming a lot of gas and he needs a replacement. He is now requesting a loan of 5,000,000 MNT to purchase an eco-friendly vehicle to provide his taxi service business with lower costs in order to increase his profits. He is hardworking and diligent.



Loan details

Loan length:

27 months
Disbursed date: February 26, 2013

Lenders and lending teams



Loan details

Loan length:

27 months
Disbursed date: February 26, 2013