A loan of $3,700 helped to buy an electric car.

Tsoggerel's story

Mr. Tsoggerel, 50 years old, lives with his wife, father and two children in Ulaanbaatar, capital city of Mongolia. He has been working as an electrician at a power station since 2012. His wife has a position of book keeper at a private firm. His daughter studies at a university in Korea and his son goes to high school. His father has retired from work and gets state pension.

He is requesting a loan of 6,000,000 MNT to buy an electric car. The advantage of an electric car is that it contributes to a cleaner air in cities because it produces no harmful pollution at the tailpipe from the on board source of power, such as particulates (soot), volatile organic compounds, hydrocarbons, carbon monoxide, ozone, lead, and various oxides of nitrogen.

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

Loan details

Lenders and lending teams

Loan details