A loan of $1,800 helped to buy wood planks to fence his land.

Bayar's story

Bayar, 47, lives with his wife, daughter and son in Ulaanbaatar, the capital city of Mongolia. The family lives in a traditional ger (portable felt dwelling) on rented land. During warmer periods of the year his wife makes interior decoration of house and do works at construction site on a contract basis with private businesses. His son previously worked as a security guard, and in 2010 he began to work as a service man at an auto repair garage. His daughter studies at university.

Bayar trucks goods between districts. From 2005 to 2010 he bought and sold livestock hides and buffs (A soft, thick, undyed leather made chiefly from the skins of buffalo, elk, or oxen). He recently bought some land and wants to fence it. So he is requesting a loan of 2,500,000 MNT through Credit Mongol to buy wood planks. Using these planks he can fence his land as protection against outsiders as well as serve as a symbol of ownership. The borrower is a very hardworking individual who cares deeply for his family.

Loan details

Lenders and lending teams

Loan details