A loan of $3,825 helped to buy building materials to make repairs and to insulate the walls of her old apartment rooms to reduce heat loss and emissions.


Tserenkhand's story

Mrs. Tserenkhand, 49, works in the customs of Mongolia. Actually she is a doctor and pharmacist. She lives with her husband and daughter and her old mother in the common apartment which is in Kherlen, an eastern boundary city in Mongolia.

She wants to take a loan to buy building materials for the repairs of her old apartment. She is planning to insulate the walls and windows at first because it becomes very cold inside the rooms without the wall insulation, then it costs too much money for the smoky coal to warm the rooms inside. Also it contributes to the bad air in the city.

Although Mongolia has the lowest population density in the world, it is one of the most polluted countries in the world. This is due to the long and cold winters, where temperatures frequently go below -40C (-40F) even in the cities. Also, in summer, many parts of the country are extremely cold and are known to have snow storms. Both homes and nomadic tents burn a lot of fuel and emit huge amounts of pollution every night from families just trying to stay warm. In response to this, Credit Mongol offers Green Loans to their clients to make home improvements that reduce heat loss and improve heating systems. We believe that together we can decrease pollution and the harmful effects it has on the environment and Mongolians' health.

The loan Tserenkhand is taking will be dedicated to buying the building materials to make repairs and to insulate the walls of her old apartment rooms to reduce heat loss and emissions.



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Loan details