A loan of $1,600 helped to renovate garage and purchase bricks for his house.

Bold's story

Mr. Bold, 46 years old, lives in Ulaanbaatar, capital city of Mongolia. He resides in a Mongolian traditional ger (portable felt dwelling) on his brother’s plot of land. His brother operates a grocery store on his land. Since 1995, he has been providing taxi service to local people and accumulated a vast amount of experience in this field. Using a previous loan from our organization, he built a garage for his car and this time he wants to renovate the interior components of the garage, as well as build his own house.

He is requesting a loan of 2,200,000 MNT to renovate the garage interior, purchase 23,000 units of bricks which will be used for the house construction. As a result, the car he uses for his income will last longer as the insulated and renovated garage will have a good effect on the parked car. Also, by building his brick house, he can live in a more comfortable and warm place. More importantly he will need to burn less coal thus contributing to the efforts against air pollution.

Loan details

Lenders and lending teams

Loan details