A loan of $4,100 helped to cover the cost of electric heating panels and some missing building materials for rebuilding his family house.


Batsaikhan's story

Batsaikhan, 38, has run a freight transportation business since 2007 nonstop. In 2010, he renovated his mini truck and he plans to continue his business normally in the future. There are four people in his family: he lives with his wife and his two children, a boy and a girl. His wife works as a teacher in the kindergarten and her salary is low.

Since last year, Batsaikhan has been rebuilding his house and there is still some work to be done to finish it completely. Due to a shortage of money, he has not been replaced the floor, window sills, or wall paper, etc. The main thing he wants to install to his house is electric heating panels to save on the cost of coal and reduce the harmful effects of coal usage. Before, his family used to use a coal-fired stove to warm their home in wintertime. 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 addition, the extremely toxic smoke from cars is one of 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 and improve heating systems, as well as to buy cars that run on natural gas. The loan Batsaikhan is taking will be dedicated to covering the cost of electric heating panels and some missing building materials for rebuilding his family house.



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