Funded

Total loan: $1,600
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Battulga

Mongolia
Darkhan, Mongolia / Construction

A loan of $1,600 helped to buy enough wood planks to build a fence around his land and to pay for labor costs.


Battulga's story

Battulga is 33 years old and lives with his wife and 2 children in Darkhan, the second largest city of Mongolia. Currently they live in a rented apartment.

He has been running a taxi business since 2008 and works on contract with a taxi company. His wife works as a salesperson at a building materials sales shop. His elder son goes to secondary school and the younger daughter attends a kindergarten.

In 2000, the Mongolian parliament adopted a new land law according to which every Mongolian citizen who reached 18 was allowed to obtain a 0.07 hectare plot of land free of charge. Battulga recently has obtained a license on his land and now he is planning to build a fence around it. In the future, he is planning to build a family house on his land.

The loan Battulga is taking will be used to buy enough wood planks to build a fence around his land and to pay for labor costs.



Loan details

Loan length:

26 months
Disbursed date: June 17, 2011

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: June 17, 2011