Altantuya wants to buy a car for son. The car will be used for personal needs. The car, which all Mongolian people’s using, has too big engine, so it uses 10-12 liter petrol per 100 kilometer. The study showed that average car, which runs on petrol, emits 135g CO2 per km to atmosphere. And also the petrol contains harmful ingredients like zinc, lead and others, to people’s health and the environment. Economically, riding a car with big engine in Mongolia is not rational, because Mongolia imports fuel products from the neighbors and its price always rises.
Altantuya is asking a loan to buy a car, which runs on a natural gas. She already paid part of the money, but still owes 3,500,000 MNT to the seller. The reason he is asking for this loans is to pay the rest of the money for her car. The natural gas emits fewer harmful chemicals into the atmosphere than petrol. Altantuya and her son will contribute their effort to save the environment.
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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 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.
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