A loan of $3,925 helped to buy an electric car.


Lkhagvaragchaa's story

Lkhagvaragchaa is 45 years old and lives with his family in Ulaanbaatar, capital city of Mongolia.

He has been selling casual clothes since 2012 by renting a stall at a trade center. He imports his goods from Europe, and sales are great because European goods are normally of high quality.

Lkhagvaragchaa is requesting a loan of 6,700,000 MNT to buy an electric car for transporting his goods. The advantage of an electric car is that it contributes to cleaner air in cities because it produces no harmful pollution such as particulates (soot), volatile organic compounds, hydrocarbons, carbon monoxide, ozone, lead, and various oxides of nitrogen.



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