A loan of $1,450 helped to purchase insulation and decoration materials for her new home.

Oyuntsetseg's story

Mrs. Oyuntsetseg, 50, lives with her husband and three children in Ulaanbaatar, the capital city of Mongolia. The family resides in their own house on a plot of land. Using her previous loan, the family finished building their house. She and her husband have been running a recycling materials collection point for 16 years and accumulated a vast amount of experience through this business.

This time she is requesting a loan of 2,000,000 MNT to purchase necessary insulation and decoration materials for her house. Using those materials, she wants to insulate the house walls with fiber glass and foam and decorate the outer sides of house with bricks. This renovation will make the house an attractive and heat preserving place. More importantly, insulation will help the family burn less coal, thus contributing to the efforts against air pollution. The borrower is one of our trustworthy clients and paid her previous loans on an established schedule without delay.

Loan details

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Loan details