A loan of $2,150 helped to buy construction materials.


Altanerdene's story

Mr. Altanerdene, 27 years old, lives with his wife, his mother and two children in Ulaanbaatar, capital city of Mongolia. He has been working as a technician in an information and communication enterprise since 2010. His mother is working in a private construction company as a bricklayer. To raise their living standard, he has begun building his own house which occupies a 40-square-meter area. Just now he has finished the foundation and purchased some materials such as bricks, planks and others. But due to lack of finances, he hasn’t completely bought the construction materials. During wintertime, construction materials get cheaper so he is requesting a loan of 3,000,000 MNT to buy construction materials. High quality houses such as he is expecting to build reduce the consumption of coal and as a result will reduce air pollution. By finishing his house, he can make a comfortable living environment for his family and can contribute to environmental security.



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Loan details