A loan of $2,525 helped to purchase building materials such as bricks, cement and planks.


Munkhbayar's story

Mr. Munkhbayar, 31 years old, lives with his wife in Ulaanbaatar, capital city of Mongolia. The couple resides in their own house on a plot of land. His wife studies at the university and will be graduating this year. He himself has been rendering taxi service to local people for two years. Besides taxi service, he also does building decoration work.

Munkhbayar finished building his house on his land in 2007 and since that time the house has been deteriorating over the years and needs some renovation. So he is requesting a loan of 3,500,000 MNT to purchase building materials such as bricks, cement, planks and a hardwood floor. As a result, the couple will be able to live in a more comfortable and warmer place in the cold period, especially in winter. The renovated house will also enable the family to burn less coal, thus contributing to the efforts against air pollution by emitting less smoke. The borrower is a very hardworking individual who deeply cares for his wife.



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Loan details