Funded

Total loan: $2,625
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Tserendolgor

Mongolia
Ulaanbaatar, Mongolia / Personal Housing Expenses

A loan of $2,625 helped to buy some wall insulation materials for her house.


Tserendolgor's story

Ms. Tserendolgor, 31, is an accountant with a private company. She is unmarried, and she lives with her sister in a ger, which is a Mongolian traditional nomadic yurt. She lives in Ulaanbaatar, which is the capital city of Mongolia. Her sister works as a janitor at a kindergarten and earns very little money. She will be married soon, so she will need a new house for her family. She started to build her house last spring with the help of some hired builders. Her house is being built with bricks for stability. But suddenly, she has encountered a money shortage to purchase the rest of the building materials. Now, she wants to make the walls' insulation by foam and cement in order to have a warm house and prevent heat loss. In Mongolia, the winter temperatures are frigid, with the average temperature being -35 C minimum. Most Mongolians use coal-burning stoves to just stay warm in their homes. Tserendolgor believes she will probably not use a coal-burning furnace at her new house if she designs her home smartly. Also, she knows that it’s a good idea to save the environment and protect people’s health. The loan she is taking out will be dedicated to buying some wall insulation materials for her house.



Loan details

Loan length:

22 months
Disbursed date: July 30, 2012

Lenders and lending teams



Loan details

Loan length:

22 months
Disbursed date: July 30, 2012