A loan of $2,800 helped to repair fences around his land and purchase spare parts for his son's minivan.


Mend-Ayush's story

Mr. Mend-Ayush, 57 years old, lives with his wife, two sons and daughter in Ulaanbaatar, the capital city of Mongolia. The family resides in a traditional Mongolian ger (portable felt dwelling) on a plot of land. He has been working as a bus driver for many years and is experienced at driving long distances. His two sons both work at private companies. His elder son has worked as salesperson for two years and, using his savings, he has bought a minivan and begun rendering transportation services to local people. His daughter studies at high school. He is applying for a loan of 4,000,000 MNT to cover the costs of repairing fences and buying spare automotive parts. The fence repair will enhance the security of his property and set a visible boundary between households. The spare automotive parts will be used for his son's recently purchased minivan and, after the repair, the son’s transportation service will provide increased customer satisfaction. The borrower is a very hard-working individual who wants to improve his family's standard of living.



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