A loan of $950 helped purchase spare parts for his microbus.


Uitumen's story

Uitumen C. requested a loan to purchase spare parts for his microbus. He lives in Ulaanbaatar, the capital city of Mongolia, with his wife and nine year-old son, a third grade student. His wife is a high school teacher. Uitumen started a small transportation business in 2006. He has been driving a small passenger microbus between two suburban areas: Denjiin Myanga and Uliastay. Thanks to the success of his business, he has hired a bus conductor at 10,000 MNT a day ($1=MNT 1,600). With his profit, he has been able to upgrade his microbus. He is quite an entrepreneurial man and was trained as a lawyer at a younger age. He hopes to one day build a house for his family on a small plot of land he owns.



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