Funded

Total loan: $2,150
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Ankhbaatar

Mongolia
Ulaanbaatar, Mongolia / Personal Housing Expenses

A loan of $2,150 helped to repair his house roof.


Ankhbaatar's story

Mr. Ankhbaatar, 41, operates a passenger transportation business in Ulaanbaatar, the capital city of Mongolia. For 2 years he has been running his business and he has had some regular customers. Currently he lives with his family in the old house which is in the ger district, an area of the city with no running water, minimal roads and spotty electricity in Ulaanbaatar, the capital city of Mongolia. The roof of his house has been bad and damaged for a long time. He made repairs many times, but unfortunately it is broken again. In winter, there is too much heat loss through the bad roof. He uses a coal-fired furnace to warm his house. However, that is one of the main reasons for air pollution in Mongolian cities and all around the world. So he decided to replace his roof. It will cost about 3,000,000MNT approximately, in the market. The loan he is taking will be dedicated to repair his house roof.



Loan details

Loan length:

12 months
Disbursed date: August 2, 2012

Lenders and lending teams



Loan details

Loan length:

12 months
Disbursed date: August 2, 2012