Lkhagvasuren's work is very beneficial to environmental protection. According to Project Green, plants help to remove pollutants from the air. During the process of photosynthesis, the flowering plants' leaves absorb carbon dioxide and release oxygen. Additionally, the roots of flowering plants can help to hold soil in its proper place, reducing erosion and flooding.
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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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