A loan of $3,625 helped to purchase construction materials to repair his house and build a garage for his taxi.


Mungun-Ochir's story

Mr. Mungun-Ochir, 30 years old, lives with his family in Ulaanbaatar, the capital city of Mongolia. The family resides in their own house on a plot of land. His wife works as a washerwoman at a private business entity. He himself provides taxi service to local people, and his main route for taxi service is between the post office and the train station. The house they live in has deteriorated over the years and needs some interior repair. Also, he needs an automobile garage. He is requesting a loan of 5,000,000 MNT to buy construction materials, such as wood, concrete, gypsum and bricks. At this time, the price of construction materials is at its lowest, and he can save a considerable amount of money. The renovated house can provide a comfortable and warm place for the family, which will burn less coal in winter time. The garage that he will build can shelter his car from external hazards, such as storm, frost and excess heat. A well-protected automobile emits less smoke, due to efficiency in consuming its fuel, and thus contributes greatly to the efforts to limit air pollution.



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