Funded

Total loan: $1,350
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Munkhbat

Mongolia
Darkhan, Mongolia / Personal Housing Expenses

A loan of $1,350 helped to buy building materials to repair his house.


Munkhbat's story

Mr. Munkhbat, 35, sews goods in a leather factory in Darkhan, the second largest city in Mongolia. He lives with his wife, son and his invalid brother in an old house in the ger district (a ger is a Mongolian traditional nomadic yurt). He bought his house and land plot in 2002 with his savings and support from his relatives. However, it has not had any repairs since the family moved in there.

In winter, they feel very cold and always have illnesses due to the cold, and due to smoke from the coal fire stoves they use to stay warm. Munkhbat knows that using coal fuel is harmful to the health of his family and the environment. So he has decided to repair his house in order to reduce the coal usage for the heating. At first he is planning to insulate the walls and renovate the windows to reduce heat loss. He calculates that it will cost about 1,800,000 Mongolian tugriks (MNT) to buy building materials to repair his house.



Loan details

Loan length:

20 months
Disbursed date: August 3, 2012

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: August 3, 2012