A loan of $4,875 helped to install a heating system into house.


Ravdanbat's story

Mr. Ravdanbat, 31 years old, lives with his wife and three children in Ulaanbaatar, capital city of Mongolia. The family resides in their own house on a fenced in land. He and his wife have been doing building decoration work through contracts with building companies since 2003. His three children all go to high school. He is requesting a loan of 6,800,000 MNT to cover the costs of purchasing building materials such as bricks, cement and metals as well as installing a heating system. During this period of time, the prices of building materials have reached their lowest rate and purchasing them now will save him a lot of money. More importantly, installing a heating system into the house will enable the family to live in a comfortable and warm place. As a direct consequence of a warm house the family will burn less coal thus contributing to the efforts against air pollution by emitting less smoke. The borrower is very hardworking individual who strives for a better future.



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