A loan of $4,175 helped to purchase the necessary equipment and tools to start his business.


Nyambaatar's story

Mr. Nyambaatar is 26 years old and lives with his wife and a new born baby boy. They live in a Ger, a traditional nomadic yurt, on his uncle's plot of land in the Ih toiruu area of Ulaanbaatar city, Mongolia. His wife Ariunjargal is 20 and stays home taking care of their two-month-old son, Erdenebaatar.
Nyambaatar graduated from college as an excavator driver in 2007, and he has worked as a salesperson in the auto retail business since then. He has just started his tire service business to increase his income, in order to cover increased family expenses.
He is now requesting a loan of 7,000,000 MNT to purchase the necessary equipment and tools to start his business. He is dreaming about expanding his business, purchasing a plot of land, and building his own house.



Loan details


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Loan details