A loan of $3,225 helped to do interior decoration, install a low-pressure furnace, and to build a barn where the house door meets with outside.

Enkhbaatar's story

Enkhbaatar, 29, lives with his wife and two children in a rented house in Ulaanbaatar, the capital. Since 2010 Enkhbaatar has been managing a PC game center by renting a 40-square-meter house. His wife has worked as a packer in a private pharmaceutical company for 4 years. His boys go to kindergarten. His business is going well.

Initially Enkhbaatar started the business with 6 PCs and now he has 20 PCs. Throughout the day Enkhbaatar stays on his business and night times he runs a taxi to gain extra income for his family. In 2006 his family bought a plot of land in an area of the city with no running water, minimal roads and spotty electricity. In the meantime, they have been building a house and it’s 80% complete.

Enkhbaatar spent all the money he saved since he began his business to build a house. Now he is short on money and due to that, his building has to stop. Therefore, Enkhbaatar is a requesting a loan to complete his house. Using the loan, he will do interior decoration and install a low-pressure furnace, which emits less carbon dioxide into the atmosphere, and build a barn where the house door meets with outside.

Loan details

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Loan details