Funded

Total loan: $1,450
Powered by 46 lenders

Gombotseren

Mongolia
Ulaanbaatar, Mongolia / Personal Housing Expenses

A loan of $1,450 helped to pay for building materials.


Gombotseren's story

Mr. Gombotseren, 54, runs a passenger transportation business around the districts of Ulaanbaatar, the capital of Mongolia, with his minivan. He has been operating his business successfully for 8 years.

He lives with his wife and daughter, a college student, in a ger, a Mongolian traditional nomadic yurt in the ger district in the city. Living in the ger is difficult, and cold in winter. His wife and daughter always get sick due to the cold inside the home.

Therefore, he has decided to build his own small and warm family house. He recently started building his house. Now, he needs to buy wall insulation materials for his new house, including cement, foam, rock, wool etc. The loan he is taking will be dedicated to paying for the building materials.



Loan details

Loan length:

15 months
Disbursed date: August 31, 2012

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: August 31, 2012