Funded

Total loan: $4,675
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Zulbayar

Mongolia
Dornod, Mongolia / Personal Housing Expenses

A loan of $4,675 helped to purchase building materials, such as planks, cement and bricks, for repair and energy efficiency of her family's home.


Zulbayar's story

Mrs. Zulbayar, 29 years old, lives with her family in Dornod, the easternmost province of Mongolia. In 2007, she began working as a machinist at a heat and power plant, and since that time she has been promoted to the fifth level of machinist rankings. Her father runs a privately-owned business. Her younger brother works in Turkey, on an employment contract, and he sends her financial aid each month.

The family's house has deteriorated over the years and needs some serious repair. So, Zulbayar is requesting a loan of 6,500,000 MNT to purchase hardwood flooring, lumber, vacuum-insulated windows, cement, bricks and wallpaper. After the repairs financed by the loan, the family will live in a comfortable, warm place. The renovated house will enable the family to burn less coal, thus contributing to Mongolia's efforts against air pollution by emitting less smoke. In addition, at this time of year the prices of building materials reach their lowest level. Purchasing them now will save a lot of money. The borrower is a very hard-working individual, who is known in her organization for her politeness and generosity.



Loan details

Loan length:

38 months
Disbursed date: March 6, 2013

Lenders and lending teams



Loan details

Loan length:

38 months
Disbursed date: March 6, 2013