A loan of $2,100 helped to purchase automobile spare parts for the automobile he uses for his work.

Altantur's story

Mr. Altantur, 42 years old, lives with his wife and 2-year-old son in Ulaanbaatar, the capital city of Mongolia. The family resides in their own house on a plot of land. He worked in Korea on an employment contract from 1999 to 2000 and came back to Mongolia in order to begin his tourism business with a Korean business partner. But in 2012, his business partner, who is Korean, gave up on this business because of a health issue.

Now, Altantur is employed by a USA invested company as a sales manager. His main duty is to meet with customers at home and introduce his products. He drives around the city a lot, and his automobile is his main tool for his job. The automobile he uses has deteriorated over the years and needs some serious repair. So, he is requesting a loan of 3,000,000 MNT (Mongolian tugriks) to purchase automobile spare parts. Using these spare parts, he can repair his automobile, thus ensuring his sustainable employment. The borrower is a very hardworking individual who is eager to improve his family's living standard.

Loan details

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Loan details