Mendsaikhan has been working as a security worker at a private business entity. His wife works as a cleaner at the same entity.
Together with his brother, he built a two flat house on his plot of land. The house will be used for people who want and seek a lower rent home, and
a comfortable living place. He is requesting a loan of 6,700,000 MNT to purchase insulation materials such as fiberglass, foams, cotton, and cellulose. Using those materials, he can fully insulate the rental house, and people renting this house will burn less coal, emit less smoke, and contribute to efforts against air pollution.
The borrower is very hardworking individual who is concerned about the well being of others.
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.
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This loan has been fully funded!