Funded

Total loan: $2,900
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Batochir

Mongolia
Ulaanbaatar, Mongolia / Personal Housing Expenses

A loan of $2,900 helped to buy the necessary building materials to extend his house making a separate room for his son who is student.


Batochir's story

Mr.Batochir is a 43 year old truck driver. He lives with his wife and son in Ulaanbaatar, the capital city of Mongolia. He owns a small land plot and the family house on it. His only son Ankhbayar, age 19, who is a student at the National Science and Technology University.

Until 2009 Batochir used to run a small grocery shop nearby his home but had to give it up due to the increase of rent price. Then in 2009 he bought a truck using his savings and started running a building material delivery business. Each year Batochir plans and completes some small building project. Within last two years he built two garages in his backyard. This time Batochir is planning to extend his house, making a separate room for his son. The loan he is taking will be used to buy the necessary building materials to extend his house making separate room for his son who is student.



Loan details

Loan length:

18 months
Disbursed date: June 3, 2011

Lenders and lending teams



Loan details

Loan length:

18 months
Disbursed date: June 3, 2011