A loan of $3,700 helped to buy wall insulation materials such as foam, silicon, cement, and other building materials to make renovations to his old apartment.


Gankhuyag's story

Mr. Gankhuyag, 44, sells second-hand clothes in an outdoor bazaar in Ulaanbaatar, which is the capital city of Mongolia. He has been operating his business for three years. He lives with his wife and two children in his ground-floor apartment that has two rooms. He keeps his stock in one of the rooms, and it is not very spacious for storing clothes. Currently, his family is using just one other room, and everything is crowded. His apartment was built in the early 1980s, and it has not undergone renovations in many years. In the winter, it suffers heat loss through its windows and wall corners, and the ceilings are frosted. Usually, he uses a coal or wood-fired stove in his kitchen to warm his home and dry out the moisture inside the rooms. He knows that it is very harmful to the health of his family members and the environment. So, he decided to make some repairs to his apartment. First, he will need to buy wall insulation materials such as foam, silicon, cement, and other building materials to make renovations to his old apartment. In addition, he plans to extend his apartment by adding one more room.



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