A loan of $1,100 helped to build a house addition.


Enkhbold's story

Mr. Enkhbold, 43 years old, lives with his wife and children in Ulaanbaatar, the capital city of Mongolia. The family resides in their own house on a plot of land. He and his wife work at the same business entity. He has been working there since 2010, while his wife recently began working there as a saleswoman, in November, 2012.

Enkhbold has gotten a loan from our organization before, and paid his debt on the established schedule. This time, he is requesting a loan of 1,500,000 MNT to spend for building an addition to his house. To build the addition, he needs to purchase construction materials, such as hardwood floors, roofing, cotton, bricks and cement. As a result, the family will live in a comfortable and spacious place. Especially at this time of year, construction materials are at their lowest prices, and he can save quite a large amount of money from this price discount. The borrower is a very hard-working individual, who is striving for a better future.



Loan details


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Loan details