Funded

Total loan: $1,775
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Sumkhuu


A loan of $1,775 helped to pay the remaining part of the price of the car he just bought.


Sumkhuu's story

Sumkhuu, 23 years old, lives with his wife and son in a house on fenced land in Ulaanbaatar, the capital city of Mongolia. He has been running a grocery store since 2012. His wife stays at home, looking after their little son. He has recently bought an electric car and paid only half of the price. So he is requesting a loan of 3,000,000 MNT to pay the remaining part of the price of the car. The advantage of an electric car is that it contributes to cleaner air because it emits harmless pollutants and wastes less fuel. The car will be used by him for a taxi service as his wife will eventually take care of the grocery store after years.



Loan details

Loan length:

27 months
Disbursed date: November 22, 2013

Lenders and lending teams




Loan details

Loan length:

27 months
Disbursed date: November 22, 2013