A loan of $2,825 helped to purchase an electric car.

Battumur's story

Mr. Battumur, 59 years old, lives with his wife and children in Erdenet, the third largest city of Mongolia. The family resides in their own house on a plot of land. He has been working as an engineer at a power station since 2011, and before this job he worked at various places and accumulated a vast amount of experience in engineering.

His wife is disabled and gets a state pension. As he and his wife get older, they need an automobile to drive to their workplace and home. So, he is requesting a loan of 4,000,000 MNT to purchase an automobile which has an electric engine.

Electric cars contribute to cleaner air in cities because they produce no harmful pollution through the tailpipe from the onboard source of power, such as particulates (soot), volatile organic compounds, hydrocarbons, carbon monoxide, ozone, lead, and various oxides of nitrogen. Considering the advantages of electric cars, it is the best option to purchase this car which will contribute to the family's work and health as well as to the environment.

The borrower is a very hardworking individual who strives for a better future.

Loan details

Lenders and lending teams

Loan details