They live in an old house which is vulnerable to rain drops and strong winds. So, Damdinbazar is requesting a loan of 3,500,000 MNT to buy building materials such as shingles, bricks and fiberglass for home repairs and renovations. After the renovations, his family will live in a comfortable and warm place where less coal is burned, and then less pollutants are released into the air.
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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