Dulamsuren is 52 years old and lives with her son in their four-room house in Ulaanbaatar, Mongolia. She has been working as an education manager for 6 years in a special training school for children with dysphasia. Her eldest son works in Korea as a contract worker. Her younger one is a journalist, working in television as a sports commentator. Dulamsuren rents two of her rooms to students from the countryside.
In the future, once she is retired, Dulamsuren wants to establish her own school for children with dysphasia. So she initially planned and built her house to meet standards in order to bring this dream to life. Due to the lack of money, she is approaching her goal little by little and doing certain things each year. This time Dulamsuren is planning to solve the heating problem of the house. Her loan will be used to insulate the house walls on both sides and to install an electric heating system that emits less carbon dioxide into atmosphere. By doing this she can reduce heating expenses and, at the same time, save the 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 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.