Funded

Total loan: $1,150
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Batbayar

Mongolia
Ulaanbaatar, Mongolia / Personal Housing Expenses

A loan of $1,150 helped to buy necessary building materials such as cement, sand, wood planks, plaster and paints to restore his recently-bought house.


Batbayar's story

Mr.Batbayar, who is 27 years old, lives in a rented apartment with his wife, son and his wife’s grandmother in Ulaanbaatar, Mongolia's capital city. He has worked at one of Ulaanbaatar's power plants as a mechanic since 2004.

Batbayar recently bought a plot of land and a small house using his savings and a loan from the bank. Because the house is quite old and needs some restoration, the loan he is requesting will be used to buy necessary building materials such as cement, sand, wood planks, plaster and paints to restore the house.



Loan details

Loan length:

15 months
Disbursed date: May 27, 2011

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: May 27, 2011