A loan of $1,100 helped to purchase construction materials to build a house for his newly married son.

Munkhbold's story

Mr. Munkhbold, 47 years old, lives with his family in Dornod, an eastern province of Mongolia. The family resides in their own house on a plot of land.

In October, 2012 he started working as a security officer at a wrestling stadium. His wife gets a disability pension from the state, and his son works in the construction field. His daughter works as an assistant at a sausage factory.

As his son became an adult and got married, it become necessary to live separately from his parents in another house. So beginning last summer, father and son began building a house, but due to lack of financing, they haven’t finished the building work. Therefore, Munkhbold is requesting a loan of 1,500,000 MNT to purchase construction materials.

As a result, his son can live with his own family at his own house without living in his father’s home. The borrower is a very hardworking person who strives for his children’s better future.

Loan details

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Loan details