Currently his wife is operating this shop because in October 2012 he began purchasing heads and intestines of livestock from brokers and then cleaning and classifying them. In the end he sells them to customers and some outdoor markets. Also he uses some of them in his family's daily food. One time he said that by using livestock intestines in food, the family really decreased their food expenses significantly. Even though he has been running his intestine sales business for just three months, he has already attracted quite a number of clients.
The house they live in is incompletely built and in wintertime, it really loses its heat, and as a result the family gets chilled to their core. The house needs its roof to be covered with metal, walls to be insulated both from inside and outside, and floors to be molded. So Sainsanaa is requesting a loan of 2,000,000 MNT to purchase metal, glass cotton, bricks and cement. As a result, the family will be able to live in a comfortable and warm place and most importantly, the house will preserve its energy and enable the family to burn less coal, thus contributing to the effort against air pollution.
The borrower is a very hardworking individual who greatly cares about his children's education.
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 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.
About Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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