Funded

Total loan: $1,200
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Erdenebat

Mongolia
Ulaanbaatar, Mongolia / Higher education costs

A loan of $1,200 helped to pay for his daughter's remaining university tuition fee.


Erdenebat's story

Mr. Erdenebat, who is 52 years old, lives with his wife, daughter and grandchild in Ulaanbaatar, the capital city of Mongolia. His son lives separately from his parents and using his previous loan Mr Erdenebat had purchased a Mongolian traditional portable felt dwelling as a wedding gift to his son and daughter-in-law. His daughter studies at a medical college. During this time period, the final exams of universities begin and the university administration demands its students to pay the remaining tuition fee. He is therefore requesting a loan of 1,700,000 MNT in order to pay for his daughter's university tuition fee. As a result, his daughter will be able to sit her final exams and advance to the next grade. The borrower is a very hardworking individual who strives for a better future.



Loan details

Loan length:

15 months
Disbursed date: May 22, 2013

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: May 22, 2013