A loan of $725 helped for a loan to pay 900,000 MNT for a first installment on an apartment lease.

Batochir's story

Mr. Batochir D. is 47 years old, married and has two sons. His elder son, Gankhulug, 22, is married and works as a policeman at the railroad police department; he lives with his family in his own house in Ulaanbaatar, the capital of Mongolia. Batochir’s younger son, Gankhuu, 19, is a student at the police academy and will be a policeman after he graduates. Batochir's wife looks after his grandson at home.

Batochir’s family is the most important thing to him. He says as a father he would like to be financially able to provide a good education for his children. His son Gankhulug's employer has given him a lease on an apartment; therefore, he is asking for a loan to pay 900,000 MNT for the first payment installment. He is short by this amount.

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Loan details