Funded

Total loan: $1,100
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Gansukh

Mongolia
Ulaanbaatar, Mongolia / Home Energy

A loan of $1,100 helped to cover the cost of the new smokeless stove in his house for reducing pollution in the air.


Gansukh's story

Mr. Gansukh, 51, is a taxi driver who services the districts of Ulaanbaatar, the capital city of Mongolia. He started his business in 1997, and since then, he has been operating his business nonstop. And he has had a lot of permanent customers in the past years. He lives with his family in a house in ger district, a slum district in Ulaanbaatar, the capital city of Mongolia.

In winter, he uses a coal fired furnace to heat his home and it emits too much smoke and harmful toxic substances into the air. Therefore, he decided to replace it with a smokeless stove, which is made with modern technology. 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 causes of Mongolian 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 on the natural gas.

The loan Mr. Gansukh is taking will be used to cover the cost of the new smokeless stove in his house for reducing the pollution in the air.



Loan details

Loan length:

15 months
Disbursed date: August 22, 2012

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: August 22, 2012