A loan of $4,850 helped to purchase insulation and construction materials.


Tsagaan's story

Mr. Tsagaan, 59 years old, lives with his wife and son in Ulaanbaatar, the capital city of Mongolia. His wife leads a construction executive team. His son recently began his career as a teacher at a private university. He has a vast amount of experience, 15 years, in the mining industry and sometimes gives consulting services to mining business entities. Three years ago, he shifted to the agricultural industry and holds the position of vice chairman at a private business entity. In 2001, he began building his two flat mansion and currently completed his first flat.. Due to lack of finances, the second flat and half story are not finished completely. So he is requesting a loan of 6,700,000 MNT to purchase insulation and construction materials at its low price period. As a result, the family can live in a comfortable and warm place because the unfinished second flat repair was the main cause of heat loss. The house was so vulnerable to storms and frost. More importantly, the family will burn less coal due to the insulation and they will contribute to the efforts against air pollution.



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