Check out some available loans that are similar to this one!
Uranzaya
Uranzaya, 24 years old, lives with her husband in Ulaanbaatar, capital city of Mongolia. The couple resides in their own house on a plot of land. In 2012, she and her husband purchased land and an old brick house. They have been working at a building company for three years and both are considered to be good workers by their superiors. Her husband is senior member of a brigade which executes construction work in various places. She is requesting a loan of 6,500,000 MNT to purchase bricks, gypsum, wallpaper and fiberglass. Using her purchased materials, she and her husband can repair and insulate their house which has a deteriorated outer appearance and vulnerable walls. The renovated house will enable the couple to burn less coal, emit less smoke and then contribute to the efforts against air pollution. The borrower is very hardworking individual who strives for better future.

Additional Information

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 Mongol

Credit 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.

Tags

About Mongolia

  • $2,175
    Average annual income
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,289,050
    Funds lent in using Kiva
  • 1,432.5
    Mongolia Tugriks (MNT) = $1 USD
Expired
A loan of $4,550 helped Uranzaya to purchase bricks, gypsum, wallpaper and fiberglass.
Repayment Term
39 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 17, 2013
Listed
May 24, 2013
Currency Exchange Loss:
Possible
Expired:
Jun 23, 2013