Funded

Total loan: $1,150
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Enkhbaatar

Mongolia
Ulaanbaatar, Mongolia / Personal Housing Expenses

A loan of $1,150 helped to purchase construction materials in order to protect his house from rain.


Enkhbaatar's story

Enkhbaatar is a 52-year-old retired paymaster, who lives with his spouse and daughter in the outer ger district of Ulaanbaatar city, Mongolia, which lacks basic infrastructure. His daughter is a teacher who specializes in psychology.

His current house was built 10 years ago. Now it needs renovation, because the house has become old and poor. Before the rainy season, he plans to re-cover the roof and then enlarge the storeroom (depot) and do some interior work, because when it’s raining outside, it drips from under the roof. It’s really hard to live in when it’s leaking.

Thus, Enkhbaatar is requesting a MNT 1,500,000 (Mongolian Tugrik) loan to purchase roofing materials, wood, wallpaper, and other necessary construction materials for his housing work.



Loan details

Loan length:

17 months
Disbursed date: May 8, 2012

Lenders and lending teams



Loan details

Loan length:

17 months
Disbursed date: May 8, 2012