A loan of $1,475 helped to set up a heating system for his house.

Magsar's story

Magsar is a 39-year-old carpenter who lives with his family in the outer ger district without the basic infrastructure of Ulaabaatar city, Mongolia. His spouse is a doctor for a local kindergarten, and their son and daughter both attend secondary school.

Previously, his family was living in a traditional Mongolian felt tent. Now the family lives in a new small house, which they built. In Mongolia, the Winter is very cold, and he needs to install a heating system on his house. So he is requesting a 2,000,000 Mongolian Tugriks (MNT) loan to purchase support materials for setting up the heating system.

He is also a very trusted client of Transcapital Co Ltd.

Loan details

Lenders and lending teams

Loan details