A loan of $3,600 helped to purchase building materials and install a floor heating system.

Ariunbold's story

Mr. Ariunbold, 28 years old, lives with his parents, two siblings and half nephew in Ulaanbaatar, capital city of Mongolia. His father has a disability and gets disability pension from the state. His mother has retired from work and gets state pension. His elder brother works as a salesman at a store and his younger brother studies at high school. His brother’s three-year-old daughter also lives with them.

The house the family lives in has deteriorated over the years and needs some serious repair and expansion. Because his siblings have all reached adult age and everyone has been creating their own family, the house needs more space to accommodate them all. Ariunbold is requesting a loan of 5000000 MNT to purchase building and insulation materials such as fiber glass, bricks, cements and planks for building an extension and repairing damaged components of the house, as well as installing a floor heating system into the house. As a result, this extended family can live in a comfortable and warm place. More importantly, the renovated house will enable the family to burn less coal thus contributing to the efforts against air pollution. The borrower is a very hardworking individual who deeply cares for his aged parents.

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Loan details