Funded

Total loan: $1,450
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Tungalag

Mongolia
Ulaanbaatar, Mongolia / Personal Housing Expenses

A loan of $1,450 helped to purchase building materials to renovate and insulate her house.


Tungalag's story

Tungalag, 50, is a hairdresser, and she lives with her husband and a daughter in their own old house, which is located in the slum district of Ulaanbaatar, the capital city of Mongolia.

She has been running her barbershop for five years and works hard everyday. Sometimes she works as a cook when she has less work load. Their house has been becoming old and it has been losing heat lately, so they need to make some adjustments. She decided to renovate and insulate the walls of house because Mongolian winter is freezing cold and unhealthy to live. Also there will be no heat loss after insulating and that will save on spending for fuel or firewood. Therefore, she is requesting a loan to purchase building materials to renovate and insulate her house.



Loan details

Loan length:

20 months
Disbursed date: September 9, 2011

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: September 9, 2011