A loan of $1,475 helped to buy a large quantity of spare parts.


Munkhzul's story

Munkhzul, 41 years old, lives with his wife and two children in Ulaanbaatar, the capital city of Mongolia. He has been selling automobile spare parts since 2011. Using his previous loan, he has opened his second automobile shop. His second automobile shop is running well but is always short of cash and working capital, so he is requesting a loan of 2,500,000 MNT to buy a large quantity of automobile spare parts. As a result, he will be able to continue to run his automobile shop without inventory shortages.



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Loan details