A loan of $2,175 helped to install a low-pressure furnace and build a block fence around his home.


Erdenetsogt's story

Erdenetsogt is 32 years old and lives with his wife and two children in his wooden house in Ulaanbaatar, the capital city of Mongolia. They built their house themselves. Since 2007, Erdenetsogt has been working as a driver in a mining company that is undertaking exploration work in another province of Mongolia. His wife has worked as a steel frame worker in a building company for seven years. In winter, when his company stops working due to the frozen ground, Erdenetsogt runs a taxi business and his wife works as a plasterer in her company. His two children attend a secondary school near their home. Last spring, Erdenetsogt's coal burning furnace was ruined. So, before the winter, Erdenetsogt is preparing his home and planning to install a low-pressure furnace and build a block fence around his home. For this reason, Erdenetsogt is asking for a 3,000,000 MNT loan. By doing this, his family will be provided with comfortable living conditions. And, most importantly, he can cut their usage of coal by using a low-pressure furnace and save his land from the stiff winds that usually occur in spring.



Loan details


Lenders and lending teams



Loan details