Funded

Total loan: $2,175
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Ariunbold


A loan of $2,175 helped to install electric heater and fortify roof with metals.


Ariunbold's story

Mr. Ariunbold is 29 years old and lives with his wife and two children in Ulaanbaatar, the capital city of Mongolia. He has been rendering taxi service to local people since 2007 and has accumulated a vast amount of experience. Now he works as a driver at a private business entity where also his wife works and holds the position of general manager. Using his previous loan from our organization, he completed building his rental house. Now he is requesting a loan of 3,000,000 MNT to install an electric heater and encase his house's roof with metals. Installing the electric heater will stop the usage of the furnace, in other words he will not burn coal as a fuel. Burning coal is considered to be main factor of air pollution in Ulaanbaatar according to survey. Also, fortifying the roof with metal will protect the house from strong storms and frosts, ensuring that the house will no longer lose its heat through the ceiling and roof. The borrower is a very hardworking individual who concerns greatly for his living environment and renters. If the area surrounding the house has poor air condition, it will not attract room-renters to his house.



Loan details

Loan length:

20 months
Disbursed date: March 6, 2013

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: March 6, 2013