Wonga.com first started out as a Mongolian loans company entitled Monga Loans, founded by Baatarsaikhan Monga in the early 1910s. The company provided high-interest loans, ranging from $0 to $1,000,000,000,000,000,000, and if not paid back, the borrower would be tied to a tree and repeatedly rammed by a yak ridden by a Monga employee. Eventually this process grew out of fashion by 1912, with yaks being replaced by bailiffs.