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Mrs. Batdelger, 28 years old, lives with her husband and children in Ulaanbaatar, capital city of Mongolia. The family resides in an old house on a plot of land. She has been renting and running a shop where she sells souvenirs and CDs to local people. Her husband is a driver and currently working at a transportation company.

Five years ago, she and her husband built their house and since that time, they haven't made any renovations. So she is requesting a loan of 7,000,000 MNT to purchase building and insulation materials such as vacuum insulated windows, fiberglass, bricks, foam, planks and shingles. Using those materials, the family will repair and insulate their old house. The renovated house will enable the family to burn less coal thus releasing fewer pollutants into the atmosphere and contributing to the efforts against air pollution. The borrower is a very hardworking individual who strives for a better future.

Additional Information

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.

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.

About Mongolia

  • $5,900
    Average annual income
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,491,375
    Funds lent in using Kiva
  • 1,437.5
    Mongolia Tugriks (MNT) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $4,875 helped Batdelger to purchase building and insulation materials.
69% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Jun 14, 2013
Jul 5, 2013
Currency Exchange Loss: