Funded

Total loan: $1,850
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Chuluunbaatar

Mongolia
Ulaanbaatar, Mongolia / Personal Housing Expenses

A loan of $1,850 helped to cover the cost of an electric floor-heating panel.


Chuluunbaatar's story

Chuluunbaatar, 30, is a driver and he has worked as a driver in the petrol company since 2010. His wife works as an assistant teacher in the college. He lives with his family 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.

His two children always got sick in winter due to the cold at home. His house was built many years ago and it has been bad lately. In winter it has drafts and Chuluunbaatar uses the coal-fired stove to warm his house. This is bad for the health of his family members and the environment.

He has been building a new family house in his land plot since last year. For this winter, he wanted to install an electric heating panel to the floor of his new house and he hopes it will be economical and healthy for the environment.

The loan he is taking will be used to cover the cost of an electric floor-heating panel.



Loan details

Loan length:

26 months
Disbursed date: August 10, 2012

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: August 10, 2012