A loan of $925 helped to purchase necessary materials for building his new house.


Baasankhuu's story

Mr. Baasankhuu, 26, drives a taxi around the districts of Ulaanbaatar, the capital city of Mongolia. He lives with his wife and his son, 2, in his parents-in-law’s house. Recently he purchased a small plot of land in the suburban district of the city. He is grateful for his family, because now they can move out of their parents' home and live by themselves. Baasankhuu is planning to start building his new house but he has some financial difficulties – especially purchasing some expensive building materials on the market. One of his friends, who has his own building material supply business, recommended he purchase things below the market price. The loan he is taking out will be dedicated to the purchase of necessary building materials for his new house.



Loan details


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Loan details