Dolgorsuren herself has been selling clothes to local people since 2006 and before this business she worked at a private business entity. She travels to Ereen city--a border city between Mongolia and China--in order to bring her goods.
The apartment they live in has been deteriorating over the years and in winter time, the strong wind and storms seep through walls and chills the family members down to their cores. So she is requesting a loan of 3,100,000 MNT to purchase building and insulation materials such as fiber glass, bricks, planks and cement. As a result, she and her son will be able to live in comfortable and warm place, preventing heat loss through the walls and window. After losing her husband to an industry accident, Dolgorsuren is working so hard to raise her sons well.
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.
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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