Funded

Total loan: $1,100
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Bayarjargal

Mongolia
Kherlen, Mongolia / Personal Housing Expenses

A loan of $1,100 helped to insulate the wall of his house.


Bayarjargal's story

Mr. Bayarjargal, 28, works as an electrician in the power plant in Dornod, an eastern province of Mongolia. He is one of the skilled staff with six consecutive years of experience. Currently he lives with his wife and his two babies in his sister’s ger, a nomadic Mongolian traditional yurt. Recently he purchased a small plot of land with their savings for his family's needs. Then he started building a small house there. But suddenly he is faced with a shortage of money to buy the building materials. The building work is in the middle stages at the moment and he really wants to complete the outside work before this winter. With babies, living in a ger is very hard and cold in wintertime. He is planning to insulate the wall of his house with this loan.



Loan details

Loan length:

27 months
Disbursed date: August 23, 2012

Lenders and lending teams



Loan details

Loan length:

27 months
Disbursed date: August 23, 2012