A loan of $2,275 helped to buy building materials to insulate and repair his house.

Tsogtgerel's story

Mr. Tsogtgerel, 39, runs the freight transportation around Darkhan, the second largest city in Mongolia. He lives with his wife and his two children in a common apartment. He bought his apartment in 2007 and since then he has not made any repairs to it. During winter time, his rooms become cold because of the heat loss through the windows and door and he uses a furnace that uses smoky and toxic coal to heat his rooms. He wants to replace the windows and door with new ones. The loan will dedicated to buying the building materials to insulate and repair his house.

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 winter, 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.

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Loan details