A loan of $1,525 helped to buy a heated-floor to heat her house so she doesn't need a smokey and harmful coal furnace.

Otgonjargal's story

Mrs. Otgonjargal, forty-four, runs a grocery store in Darkhan, the second largest city in Mongolia. She lives with her parents-in-law and her husband and two children in her new house. Her husband plants vegetables in their backyard for their private use. She and her husband built a new house in 2010 and some decoration and building parts still have not been completed due to the lack of funding. Previously, they used to live in a ger, a Mongolian traditional nomadic tent. Usually a ger is cold and uncomfortable to live in for big families.

Otgonjargal needs a loan to buy a heated-floor rather than using one of the smoky and harmful coal furnaces. These cost too much, especially in winter time. Coal usage creates a lot of air pollution and is toxic to the air in the cities of Mongolia. In last several years, air pollution and air quality has become one of the biggest issues in most Mongolian households and big cities.

Otgonjargal is also planning to use some part of her loan to increase the groceries in her grocery store. This will expand her sales volume and increase her business earnings.

Loan details

Lenders and lending teams

Loan details