Enkhee, 58 lives with his wife, son and daughter-in-law in Ulaanbaatar, the capital city of Mongolia. The family resides in their own house on a plot of land. He has been rendering taxi services to local people for many years and has accumulated vast amount of experience. His wife has retired from work and gets a state pension. His son works as a designer at a building company. His daughter-in-law is a saleswoman at trading company. He is requesting a loan of 3000000 MNT to build a greenhouse on his land. The construction of this greenhouse will enable him to plant vegetables on his land, and his family will no longer need to buy vegetables from the market, thus saving money. Also, plants undertake a process called photosynthesis which converts carbon dioxide into oxygen, contributing to clean air efforts. The borrower is a very hardworking individual who strives for a better future.
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 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.