Funded

Total loan: $1,525
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Chinzorig


A loan of $1,525 helped to purchase an electric car.


Chinzorig's story

Mr. Chinzorig, 31 years old, lives with his wife and two children in a house on a plot of land in Ulaanbaatar, the capital city of Mongolia. He began working as a merchandiser at a retail company in January 2013. Before this job, he worked as an electrician at a power station. His wife has been selling mobile phones at a trade center by renting a stall but she stopped when she gave birth two years ago and now she stays at home looking after their two sons. He is requesting a loan of MNT 2,500,000 to purchase an electric car to use for work. The advantage of an electric car is that it contributes to cleaner air in cities because it producse no harmful pollution at 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. Therefore, it is good choice for him to purchase an electric car.



Loan details

Loan length:

14 months
Disbursed date: August 10, 2013

Lenders and lending teams




Loan details

Loan length:

14 months
Disbursed date: August 10, 2013