Check out some available loans that are similar to this one!
Mrs Uranchimeg, 52 years old, lives with her husband and two sons in their wooden house, in Darkhan, the second largest city in Mongolia. Her son Ganzorig is 27 years old; he is a policeman. Younger son Ganbaatar, 24, is a manager in a trading company. Her husband is a pensionary. Uranchimeg has worked as a nurse in the hospital for 32 years.

Their wooden house is small and old. Mongolia is one of the coldest countries in the world, and borders on Siberia to the north.

Before the winter comes, Uranchimeg is requesting a 5,000,000 MNT loan to build a new, spacious house with less heat loss. She said that her new house will create a warmer atmosphere, and bring happiness to her family every single day.

Additional Information

More information about this loan

This loan is part of Credit Mongol's green loan program, which helps clients to purchase products for improving their heating and ventilation systems, reducing pollution and health problems caused by burning coal in the winter.

About Credit Mongol

Credit Mongol is the largest non-banking financial institution (NBFI) in Mongolia. Its mission is to contribute to the prosperity of Mongolians by providing high-quality, affordable and varied financial services to micro-entrepreneurs and small-to-medium-sized businesses. It prioritizes serving remote, rural populations that have typically lacked access to credit and other financial services. Uniquely, it offers solar panel loans to nomadic herders, most of whom live without electricity.

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Mongolia

  • $5,900
    Average annual income
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,491,375
    Funds lent in using Kiva
  • 1,382.5
    Mongolia Tugriks (MNT) = $1 USD