A loan of $4,825 helped to buy an electric car.


Chinbat's story

Mrs. Chinbat, 49 years old, lives with her family in Erdenet, the third largest city of Mongolia. She has been working as a conversion machinist at an enrichment facility for 21 years. Her elder son is a weaver and works at a carpet factory. She is requesting a loan of 7,700,000 MNT to buy an automobile that runs on electricity. The advantage of an electric car is that it contributes to cleaner air in cities because it produces no harmful pollution from 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. The car will be driven by her younger son who is unemployed and wants to render taxi service using the car.



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