This year, her husband’s car quality has deteriorated greatly, so the family is in need of new car. Otgontuya is requesting a loan of 6800000 MNT to purchase a new automobile which has an electric motor, thus, emitting less smoke and contributing to the efforts against air pollution. If the loan is issued, the family could purchase the new car. Usage of such cars should be encouraged, these cars are environmentally friendly.
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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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This loan has been fully funded!