Funded

Total loan: $1,925
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Unurbat

Mongolia
Ulaanbaatar, Mongolia / Personal Housing Expenses

A loan of $1,925 helped to buy some insulation materials to make the house warmer during the winter.


Unurbat's story

Mr. Unurbat is 33 years old and lives with his wife and two children, ages 9 and 12. Until 2000, he ran a farming business growing livestock in the Dundgovi province of Mongolia. Winter 2000 was one of the coldest in past decade. During that winter, Mr. Unurbat lost most of his livestock and had to move to Ulaanbaatar, the capital city. Then he bought a second-hand minivan and started running a transportation business quite successfully.

His wife Altantsetseg works with him as a cashier. Every three years, they have to renew the van because of the transportation authority's safety requirements.

In 2009, they built a 56-square-meter wooden house using their savings. The reason they are asking for this loan is to buy some insulation materials to make the house warmer during the winter. They also want to make a separate room for their kids.



Loan details

Loan length:

18 months
Disbursed date: August 17, 2010

Lenders and lending teams



Loan details

Loan length:

18 months
Disbursed date: August 17, 2010