A loan of $2,200 helped to purchase construction materials such as cement, bricks and planks.

Batbold's story

Mr. Batbold, 31 years old, lives with his mother and two brothers in Ulaanbaatar, the capital city of Mongolia. The family resides in their own traditional Mongolian ger (a portable felt dwelling) on a plot of land. His mother retired from work in 2006, and his brother teaches at a kindergarten. He himself has been working as chief of a construction team since 2008.

At this time, the price of construction materials is at its lowest level, and he wants to use this opportunity to build his own house. So, he is requesting a loan of 3000000 MNT to purchase construction materials such as cement, bricks, gypsum and planks. As a result, he can begin his house building work in the beginning of spring.

The house will provide the family with a comfortable and warm environment. Also, the family will burn less coal due to their heat conserving future house. This is especially helpful to efforts against air pollution.

Loan details

Lenders and lending teams

Loan details