He thinks burning too much charcoal is not rational by economic and ecologic standards. Therefore, Erdenebayar is requesting a 2,800,000 MNT loan to brick up the walls of his house with brick and fiberglass insulation to prevent the heat loss. He will do this job by himself. By doing this he can create a warm atmosphere for his family by saving his money and environment.
More information about this loan
This loan is part of Credit Mongol's green loan program, which helps clients to purchase products for improving their heating and ventilation systems, reducing pollution and health problems caused by burning coal in the winter.
About Credit MongolCredit 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.
10View loans »
Success!! The loan was 100% repaid