Funded

Total loan: $2,350
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Ganzorig


A loan of $2,350 helped to purchase a vehicle so that he can start providing taxi services.


Ganzorig's story

Ganzorig, age 31, offers transportation services to earn an income. He lives with his wife Surenhuu, who recently gave birth to their daughter Haliun, now eight months old, and their daughter Hulan, who goes to kindergarten. The family lives in a "ger" (a traditional Mongolian family tent dwelling) in the Tolgoit area of the capital city of Ulaanbaatar.

Ganzorig is an enthusiastic, talkative, and hard-working man who has been running his transportation services business for years. He has been placing some of his profits into savings for some time with the goal of purchasing a second-vehicle so that he can start to offer taxi services. He needs this additional business income as soon as possible in order to cover the recent increase in family expenses, since they have a newborn baby and his wife is not working.

In order to allow him to purchase the taxi vehicle as soon as possible, Ganzorig is requesting a loan in the amount of 3,500,000 MNT. He will use his loan funds to purchase the vehicle and to start providing taxi services.



Loan details

Loan length:

35 months
Disbursed date: July 7, 2013

Lenders and lending teams



Loan details

Loan length:

35 months
Disbursed date: July 7, 2013