Funded

Total loan: $1,450
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Monhjargal

Mongolia
Dari eh, Ulaanbaatar, Mongolia / Personal Housing Expenses

A loan of $1,450 helped to purchase construction materials to renovate his home in order to reduce the heat loss.


Monhjargal's story

Monhjargal is 50 years old and lives with his wife and four sons in a small house in the Dari-Eh district of Ulaanbaatar, Mongolia. His wife, Narantsetseg, age 39, runs a small grocery store in a spare part of their land. His sons Zayadelger, Buyanzaya, Oyunzaya and Nandin-Erdene go to a local school. Monhjargal has been running a taxi service since 2008. His wife has been running her small grocery store for years and has built a better commitment with customers and suppliers. He is now requesting 2,000,000 MNT to purchase construction materials to renovate his home in order to reduce the heat loss. He is a hardworking and responsible man who also has a good record in previous loans from XacBank.



Loan details

Loan length:

14 months
Disbursed date: November 26, 2012

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: November 26, 2012