Since 2010, Munkhtur has been running a superstore. Before operating the superstore, he had been transporting livestock, timber, and meats using his truck. Still today, during his free time, he transports the above mentioned items to customers.
Within the vicinity of his superstore, there is no other similar type of business operating, so he has attracted quite a number of stable customers to his superstore. His wife works at a state specialized inspection agency, and his two elder children study at high school.
Last summer, Munkhtur made an extension to the store and didn’t complete its door area, which is the primary source of losing its warmth. As they operate in their superstore day and night, they are in urgent need of insulating the superstore, as it can be considered their second home. So Munkhtur is requesting a loan of 4,800,000 MNT to purchase construction and insulation materials.
As a result, the family can work in a very well-insulated and comfortable superstore, as well as burn less coal, thus contributing to the efforts against air pollution.
More information about this loan
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!