A loan of $3,650 helped to purchase building materials to repair and expand her home, such as bricks, cement, boards, and metal.

Otgonjargal's story

Otgonjargal, 45 years old, lives with her husband and two children in Darkhan, second largest city of Mongolia. She and her husband have built their own house and ring fence parallel with her father’s fence. The house the family resides in is near to the road and, during day time, lots of passengers pass by. So, two years ago, they decided to open a grocery store and built it next to their house.

During summertime, Otgonjargal and her husband have lots of work since they are both specialized professionals in architecture. She makes decking of boardwalk and sells it to apartment owners.

Her elder daughter studies at a college which prepares seasoned, technical drafters. Also, the family plants vegetables on her father’s land and, in autumn, they harvest and sell their vegetables in their grocery store.

The house they live in has been deteriorated over two years, due to strong storms and floods and it needs some serious repair and expansion. So, Otgonjargal is requesting a loan of MNT 5,000,000 to purchase building materials, such as bricks, cement, boards, and metal.

As a result, the family can live in a comfortable and spacious place. The overall advantage of repairing the house is it enables the family to burn less coal, thus contributing to the efforts against air pollution. Otgonjargal is a very hard-working individual who strives for a better future.

Loan details

Lenders and lending teams

Loan details