Funded

Total loan: $875
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Altan-Erdene

Mongolia
Bayanhongor, Mongolia / Personal Housing Expenses

A loan of $875 helped to purchase insulation material and vacuum windows, in order to reduce heat loss during winter and stay warm.


Altan-Erdene's story

Mr. Altan-Erdene is 30 years old and lives with his wife and 4 children in Ger (Mongolian hut), in Bayanhongor province of Mongolia. His wife Ganchimeg, age 33, currently stays home taking care of their newborn baby boy Enh-Erdene, who is 4 months old. Altan-Erdene's sons Erhembayar, age 15, Enhzul, age 11 and daughter Enhbilguun, age 6, go to local schools.

Altan-Erdene has been running his welding service business in town since 2008. He is now building a house for family use and requesting a loan of 1,200,000MNT. This is to purchase insulation material and vacuum windows, in order to reduce heat loss during winter and stay warm. Altan-Erdene is well-experienced and well-known in his business. He plans on building his workplace in his plot of land in the near future.



Loan details

Loan length:

13 months
Disbursed date: April 3, 2013

Lenders and lending teams



Loan details

Loan length:

13 months
Disbursed date: April 3, 2013