A loan of $3,075 helped to buy the necessary building materials for insulation and other decorations in his house.


Zorigt's story

Zorigt, 47, is a mechanical engineer. But he is unemployed and he runs a taxi business using his old car. He has been running his business since 2004, after he left his job. Sometimes he employs the service of old Russian cars cheaply, around his neighborhoods and acquaintances. He lives with his wife, children, his oldest brother and his brother's wife in their plot of land in Kherlen, an eastern city of Mongolia. They own a small, old house which was built in earlier times. In the last few years, the house has been bad and in need of urgent renovations. In winter time it costs a lot of money to buy the smoky coal and warm his house due to the heating loss through the walls and windows. This is because his house’s wall insulations have all become bad and have been removed. Smoky coal usage has been one of biggest issues in most Mongolian households and cities. So Zorigt is planning to make a renovation to his old house in the summer. The loan he is taking will be used to buy the necessary building materials for insulation and other decorations in his house.



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Loan details