A loan of $425 helped to buy clean and energy-efficient heating fuel.

Selenge's story

Ms. O. was born and raised in Ulaanbaatar city. She wants to raise her daughter and son where she grew up but has started to worry about the pollution of the capital city. She noticed that the rivers have dried up and that everything has changed since her childhood.

Ms. O. wants to use energy efficient fuel to reduce her own pollution. She is extremely happy with the fuel and believes that she has saved 50% of her fuel costs.

About XacBank Eco Products Program:
Ulaanbaatar is the coldest capital in the world. Winter temperatures can average -20 Celsius. Sixty percent of the city population live in tents called gers, with wooden frames covered by layers of wool felt. On average, households located in the Ger Districts use 5 tons of coal and 1.5 tons of wood per year. Sixty percent of the pollution in the city during the heating season is attributed to coal burned in the Ger Districts. The bottom fifth spend as much as 40% of their monthly winter income on heating fuels.

XacBank has worked with MicroEnergy Credits to launch a line of eco-products consisting of energy efficient stoves and ger blankets, which will reduce energy consumption.

Loan details

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Loan details