Funded

Total loan: $3,625
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Natsagdorj

Mongolia
Ulaanbaatar, Mongolia / Personal Housing Expenses

A loan of $3,625 helped to purchase building materials, such as bricks, cement and planks, for repairing the house and adding a garage.


Natsagdorj's story

Mr. Natsagdorj, 42 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 saleswoman at a superstore. Natsagdorj has been working as a weigh man and driver for a private business, which renders services in customs and transportation. Also, he transports goods from one place to another place using his micro van.

The house his family lives in has been deteriorating over the years and needs some serious repair work. During this season, the prices of building materials are at their lowest, so Natsagdorj wants to purchase building materials now, such as bricks, cement, wood planks, and metals. In addition to repairing the house, he wants to build a garage on his land, because during the winter time, the vehicle left outside becomes less efficient, using more fuel and emitting more smoke to the environment.

Concerning the above-mentioned reasons, he is requesting a loan of 5,000,000 MNT to cover the costs of repairing the house and building a garage. As a result, his insulated and renovated house will enable the family to burn less coal, and his newly-built garage will protect his micro van from strong storms and frosts, thus ensuring the efficient operation of the vehicle. All of those actions can contribute to efforts against air pollution, and will give the family the comfortable, warm house they need.



Loan details

Loan length:

26 months
Disbursed date: February 20, 2013

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: February 20, 2013