A loan of $1,225 helped to buy building materials such as insulation materials, bricks, wood planks, paint, cement, new plumbing pipes and to make his daughter's house well insulated from the winter cold and more energy efficient.


Lkhagvesuren's story

Mr. Lkhagvasuren, 57, lives with his wife in a 'ger' (slum) district of Ulaanbaatar, the capital city of Mongolia. They own a small wooden house and plot of land. His wife is a pensioner and looks after the house. Mr. Lkhagvasuren runs a small business which helps foreign citizens and tourists coming to Mongolia. He takes his clients around the city, showing all sights and places of interest using his car. He has been doing this business for a while and has a very good experience in guiding and transporting the clients. He is very reliable and a knowledgeable person.

Lkhagvesuren has an only daughter who is grown up and lives separately with her family. Lkhagvasuren loves his daughter very much and always helps and supports his daughter and her family financially and by whatever means he can. Recently his daughter bought an old house which needs some restoration. With the money borrowed from Credit Mongol, Lkhagvasuren wants to buy building materials such as insulation materials, bricks, wood planks, paint, cement, new plumbing pipes and make his daughter's house well insulated from the winter cold and more energy efficient by insulating it. As you know, Ulaanbaatar city is one of the coldest capital cities in the World. The money will be used to restore his only daughter’s old house and to make it more energy efficient and warm.



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