Check out some available loans that are similar to this one!
Tseveldulam
Tseveldulam, 49, is a watchman at the railway station. All of her children moved out and currently she lives alone in her old house in the ger district, an area of city with no running water, minimal roads and spotty electricity in Ulaanbaatar, the capital city of Mongolia.

In winter, her house becomes so cold due to the cold and heat loss. She uses the coal fired stove to warm her home, but it usually does not work well enough.

She wants to install a water-heating line to her house. It is less harmful than the coal fired stove. The loan she is taking will be dedicated to cover the cost of building materials and hired workers to install a water-heating line to her house.

Additional Information

More information about this loan

This loan is part of Credit Mongol's green loan program,  which helps clients to gain access to electricity through solar panel kits, as well as other products for improving their heating and ventilation systems, reducing pollution and health problems caused by burning fuel.

About Credit Mongol

Credit Mongol is the largest non-banking financial institution (NBFI) in Mongolia. Its mission is to contribute to the prosperity of Mongolians by providing high-quality, affordable and varied financial services to micro-entrepreneurs and small-to-medium-sized businesses. It prioritizes serving remote, rural populations that have typically lacked access to credit and other financial services. Uniquely, it offers solar panel loans to nomadic herders, most of whom live without electricity.

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Mongolia

  • $2,175
    Average annual income
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,289,050
    Funds lent in using Kiva
  • 1,355.0
    Mongolia Tugriks (MNT) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $3,325 helped Tseveldulam to install a water-heating line to her house.
69% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 13, 2012
Listed
Aug 19, 2012
Currency Exchange Loss:
Possible