A loan of $2,625 helped to buy building materials for home repair.

Jijigee's story

Mr. Jijigee, age 57, is a librarian for a college in Ulaanbaatar, the capital city of Mongolia. He has been doing his job for many years. He lives with his wife. All of their children moved out of their parents' house.

Mr. Jijigee's house has some problems such as heat loss and damages to the roof and inside the walls. He is planning to make repairs and insulate the walls with rock, wool, cement and foam. He believes his home will be warmer after the insulation and after he adds a new furnace.

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, cold winters where temperatures frequently go below -40 Fahrenheit, 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. Additionally, the extremely toxic smoke from cars is one of the main reasons for Mongolian air pollution.

In response to this, Credit Mongol offers green loans to their clients to make home improvements that reduce heat loss, improve heating systems and buy natural gas for cars. The loan Mr. Jijigee is taking will be used to buy building materials for home repair.

Loan details

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Loan details