A loan of $2,350 helped to purchase a new low-pressure furnace and panel-heating parts to cut coal usage.

Baasansuren's story

Mr. Baasansuren, 52, has been working as a driver in a company for 10 years. He lives with his 2 children and his wife in the suburbs of Ulaanbaatar, the capital city of Mongolia. Since his monthly salary usually does not meet his family's expenses, he always lends from people and financial institutions.

Recently Baasansuren built a new house on his small piece of land and could not finish the building completely. He especially needs to install a low-pressure furnace and panel-heating system, important factors to cut down his coal-fuel usage. It will also help the environment by decreasing the harmful effects from coal usage. The loan Baasansuren is taking will be dedicated to purchasing the new low-pressure furnace and panel-heating parts.

Loan details

Lenders and lending teams

Loan details