A loan of $2,025 helped to purchase a plot of land and a ger (a traditional nomadic tent) for his family.

Khurelbaatar's story

Mr. Khurelbaatar is 31 years old. He lives with his wife, three children, and mother-in-law in Ulaanbaatar, the capital city of Mongolia. His wife looks after the kids. Khurelbaatar has been running a taxi business since 2008, and it is the family's only source of income.

In 2008, Khurelbaatar's family suffered a big loss when the ger (a traditional Mongolian nomadic tent) in which they were living burned down completely. The cause of the fire was bad electrical wiring. They currently live crowded into Khurelbaatar's mother-in-law's ger. Since the disaster, Mr. Khurelbaatar has been saving money to buy a plot of land and a ger. At the moment, he needs some extra money to fulfill his plan.

Our institution's "green loan" product supports families in buying traditional Mongolian nomadic felt-covered tents made from sheep's wool. The loan Khurelbaatar is requesting will be used to supplement his payment in buying a plot of land and a ger.

Loan details

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Loan details