A loan of $2,475 helped to buy building materials and pay for the labor to improve her house.


Saingerel's story

Mrs. Saingerel is 31 years old and lives with her two-year-old daughter in a ger (a traditional Mongolian nomadic tent) in Ulaanbaatar, the capital city of Mongolia.

In November 2010 her husband Munkhdalai 37, went to Korea to work on a labor contract. He is working at a factory there. Saingerel says that they were very lucky, because not everyone who applies is chosen to work abroad on a labor contract. Saingerel said that her husband sends a money back home on a monthly basis.

A lot of Mongolians, especially youngsters, leave the country to earn some money abroad. Last year Saingerel started the building project and she managed to put a basement in the house. Now she wants to continue her project and complete the building of a family house. Therefore she is asking for a loan to buy necessary building materials such as cement, sand, wood planks, plaster board, and insulation materials, and to pay for labor.



Loan details


Lenders and lending teams



Loan details