A loan of $1,850 helped to buy wall insulation materials for building a new family house.

Tuya's story

Mrs. Tuya is 51 years old and lives with her husband and her two sons in the ger district of Ulaanbaatar, the capital city of Mongolia. The area has no running water, minimal roads and spotty electricity. She works as a teller in the bank. One of her sons will move out from his parents' house soon and his family has been building a small winter house for him as a wedding gift. Work on the house is nearly 50 percent done, and the family plans to complete it next spring.

Due to money shortages, however, the family is missing some building materials needed to complete the house. Mrs. Tuya and her husband are planning to build the house walls with insulation, in order to guard against the freezing cold by losing heat through the walls. It is very important to cut fuel usage such as coal in the winter. 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 snowstorms. 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 to this, the extremely toxic smoke from cars is one of the main reasons for Mongolians' hard 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 cars that run on natural gas. The loan Mrs. Tuya is taking will be used to buy wall insulation materials for building her son's new family house.

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