Funded

Total loan: $2,750
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Munguntsetseg


A loan of $2,750 helped to buy an electric car.


Munguntsetseg's story

Munguntsetseg, 38 years old, lives with her husband and children in Ulaanbaatar, the capital city of Mongolia. Her family lives in a traditional Mongolian ger (a portable felt dwelling) on a plot of land.

She has been running a house renovation service to people of the slum district since 2011. Her husband runs a taxi service for local people to make a living.

Munguntsetseg is requesting a loan of 2,750 USD to buy an electric car for transportation. The advantages of an electric car are that the pollutants it emits into the air are harmless and it wastes less fuel compared to other cars. She will use this environmentally friendly car for transporting building materials such as fiberglass, hardwood floors and wallpapers.



Loan details

Loan length:

27 months
Disbursed date: May 15, 2014

Lenders and lending teams



Loan details

Loan length:

27 months
Disbursed date: May 15, 2014