A loan of $2,900 helped to buy some building materials for his home repair.

Bat-Erdene's story

Mr. Bat-Erdene, 28, has been a crane driver for a transportation company since 2009. Every day he loads and transports a lot of freight to the trucks or vans. He lives with his wife and his two sons in a poorly equipped house in Ger district, an area of Erdenet, the third largest city in Mongolia, with no running water, minimal roads and spotty electricity. Currently his wife is unemployed and looks after the babies at home. Bat-Erdene will use his loan to replace the dated wooden floor and windows in his home, improving its insulation (due to the heat loss through the existing windows). In winter he uses a water-heated furnace to keep his home warm. It is expensive and very wasteful of water. Bat-Erdene says if he can make his planned repairs, his heating costs will be cut notably and it will allow him to make a contribution to the environment.

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. 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. Furthermore, the extremely toxic smoke from the cars is a main source of Mongolia's 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 which run on natural gas. We believe that together we can decrease pollution and the harmful effects it has on the environment and Mongolians' health. The loan Bat-Erdene is taking will be used to buy building materials for his home repair.

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