A loan of $2,000 helped to purchase the necessary building materials such as bricks, pipes, wood planks, paints and some insulation materials for his house renovation.


Ankhbaatar's story

Mr. Ankhbaatar, 41, runs a passenger transportation business around Ulaanbaatar, the capital city of Mongolia. Since last year he has been running his business and he has already had many customers and gained enough experience in it. He lives with his wife and his 2 kids in an old wooden house which is in the slum district of the city. Ankhbaatar needed a loan to renovate his old house in these coming months. The house was built in the early 1980s and has never been renovated since. The walls, roof and floor need to be insulated and the plumbing system needs to be replaced. After renovations, the house should become well insulated from the cold weather, and coal usage and emission of smoke will be much reduced. At the same time, it will reduce air pollution around the city. Therefore, a loan will be dedicated to purchase the necessary building materials such as bricks, pipes, wood planks, paints and some insulation materials for his house renovation.



Loan details


Lenders and lending teams



Loan details