A loan of $1,650 helped to buy electric car.


Bayarbold's story

Mr. Bayarbold, 28 years old, lives with his wife and son in Ulaanbaatar, capital city of Mongolia. He has been driving a minivan for public transportation since 2012. His wife helps him by collecting fees. Due to their financial difficulties, they are working very hard, and once living standard improves, they plan on having a baby. He is requesting a loan of 3,000,000 MNT to buy an electric car. The advantage of an electric car is that it emits harmless pollutants and wastes less fuel compared to other engines. The electric car will be used by the borrower for transportation purposes. It will generate more income than the minivan does.



Loan details


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Loan details