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Mrs. Badralmaa is 39 years old and lives with her husband and two children in Ulaanbaatar, the capital city of Mongolia. Her son studies at the Railroad College and her daughter is graduating from secondary school. Badralmaa works in a printing company as a machine operator. Her husband works in an electric grid servicing company as an electrician.

In 2009 Badralmaa bought a plot of land and built a small family house. The house was built of wooden planks and it was completed as a basic structure. The house needs an improvement by installing insulation materials on all walls and roof and covering the insulation with one layer of brick wall.

Mongolian winter is one of the harshest in the world and on winter nights it reaches minus 40 to 45 degrees of Celsius. The loan Badralmaa is requesting will be used to buy insulation materials for the walls and roof and enough bricks to cover the walls from outside. Also it will be used to install a low pressure heating system which uses less coal to burn and releases much less smoke to the air.

Additional Information

More information about this loan

This loan is part of Credit Mongol's green loan program, which helps clients to purchase products for improving their heating and ventilation systems, reducing pollution and health problems caused by burning coal in the winter.

About Credit Mongol

Credit Mongol is the largest non-banking financial institution (NBFI) in Mongolia. Its mission is to contribute to the prosperity of Mongolians by providing high-quality, affordable and varied financial services to micro-entrepreneurs and small-to-medium-sized businesses. It prioritizes serving remote, rural populations that have typically lacked access to credit and other financial services. Uniquely, it offers solar panel loans to nomadic herders, most of whom live without electricity.

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Mongolia

  • $5,900
    Average annual income
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,491,375
    Funds lent in using Kiva
  • 1,255.0
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Badralmaa to buy insulation materials for her walls and roof and enough bricks to cover walls from outside, and to install low pressure heating system which uses less coal to burn and releases much less poisonous smoke to the air.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Apr 27, 2011
May 9, 2011
Currency Exchange Loss:
Nov 15, 2012