Total loan: $4,900
Ulaanbaatar, Ulaanbaatar, Mongolia / Housing
Batkhorloo's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to purchase construction and insulation materials.
Mr. Batkhorloo is 28 years old and lives with his wife and two children in Ulaanbaatar, the capital city of Mongolia. The family resides in an apartment. His wife has been running a business, selling belts at a sales center by renting stalls for six years and has accumulated a vast amount of experience. For the past year, he has been producing and selling vacuum insulated windows and, even though he has been in business for a short time, he has succeeded in attracting quite a number of permanent clients. The apartment they live in has deteriorated over the years and needs some serious repair. So, he is requesting a loan of 6,700,000 MNT in order to purchase construction and insulation materials such as gypsum, glass cottons and pressed board as well as to install a floor heating system. As a result, the family can live in a comfortable and warm place without worrying about the chilling winds and frosts. The insulated and renovated apartment offers many benefits including not loosing heat.