Funded

Total loan: $2,900
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Bolormaa

Mongolia
Suhbaatar, Ulaanbaatar, Mongolia / Personal Housing Expenses

A loan of $2,900 helped to repair her broken roof in order to stay warm during the harsh Mongolian winter.


Bolormaa's story

Ms. Bolormaa is a 37-year-old who lives with her mother and daughter in a small house in the Bayanzurkh district of Ulaanbaatar. She has been operating a grocery store since 2008. She has a lot of experience in this business and has many customers. Her mother is retired.

She borrowed a 2,000,000 MNT (Mongolian tugriks) loan from the XacBank branch and repaid the loan according to the installment plan responsibly. Her mother said, "Her business has just stabilized and it is a first step to make our lives stable and better."

Her house where she, her mother and daughter live has a broken rooftop and snow and rain come in the house from the broken roof. She is requesting 4,000,000 MNT to repair the broken roof in order to stay warm during the harsh Mongolian winter. Her standard of living is normal.



Loan details

Loan length:

26 months
Disbursed date: October 9, 2012

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: October 9, 2012