100%

funded

Total loan: $2,175

Altanbagana

Ulaanbaatar, Ulaanbaatar, Mongolia / Housing

Altanbagana's loan finished fundraising,
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A loan helped to purchase construction materials.


Altanbagana's story

Altanbagana, 31 years old, lives with his wife and daughter in Ulaanbaatar, the capital city of Mongolia. He has been working as a mechanical engineer at a transportation and renting service for six years. Another income source for his family is renting of a microvan. His wife is currently unemployed due to eye surgery. His daughter goes to high school. The house they live in has been deteriorating over the years and needs some serious repair. Also, a coming Mongolian traditional celebration known as White Moon encourages families to renovate their houses because during this festival, Mongolians renew everything as a means of welcoming the new year. So he is requesting a loan of 3,000,000 MNT to purchase construction materials such as cement, concrete, planks, bricks and gypsum. As a result, the family will be able to live in a comfortable and warm place and they can greet the White Moon festival with joy and happiness. In addition, during this period of year, construction materials are much cheaper than usual and a renovated house has benefits of not losing heat and preserving energy, thus reducing the consumption of coal greatly and thus contributing to the efforts against air pollution.