Funded

Total loan: $3,650
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Naranchimeg

Mongolia
Ulaanbaatar, Mongolia / Personal Housing Expenses

A loan of $3,650 helped to make wall insulation and to repair her house.


Naranchimeg's story

Naranchimeg is 35 years old and has one child. She lives in her old wooden house in Ulaanbaatar, the capital city of Mongolia. Her house is located in the ger district, an area of city with no running water, minimal roads, and spotty electricity. She works as a water distributor at a well near her home, which she has been doing for several years.

Naranchimeg's old house is in incredibly bad condition. Due to its old age and her lack of money, it has never been maintained. Over the last winter, she and her daughter lived in her parents' home. Burning charcoal in large quantities to overcome the cold winter days does not make sense. So, before the winter, Naranchimeg is requesting a loan, which she will use to thicken her house walls and to repair her house. She will reconstruct her house and thicken the walls with materials that keep the heat as long as possible. She will use brick to thicken house walls from the outside and basalt wool from the inside. By doing this, she can cut the usage of charcoal by several times compared to her current house.



Loan details

Loan length:

26 months
Disbursed date: September 20, 2012

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: September 20, 2012