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Mr. Batsaikhan, 43 years old, lives with his wife in Kherlen, an eastern town of Mongolia. The family resides in their own house on a plot of land. Batsaikhan has been working as a serviceman at a private business entity since 2005 and has a reputation as the most skilled worker. In 2012, his wife began working as a nurse, and in one year she became professional.

The kitchen of the house they live in has vulnerable walls and windows through which winds and storms seep and chill down the family to their core. So, Batsaikhan is requesting a loan of 1,000,000 MNT to purchase building and insulation materials, such as bricks, foam, fiberglass and planks. Using those materials, he will repair and insulate the house’s kitchen, thus reducing the use of coal, carbon emission, and also contributing to the efforts against air pollution.

Batsaikhan is a very hardworking individual who strives for a better future.

Additional Information

More information about this loan

This loan is part of Credit Mongol's green loan program, which helps clients to purchase products for improving their heating and ventilation systems, reducing pollution and health problems caused by burning coal in the winter.

About Credit Mongol

Credit Mongol is the largest non-banking financial institution (NBFI) in Mongolia. Its mission is to contribute to the prosperity of Mongolians by providing high-quality, affordable and varied financial services to micro-entrepreneurs and small-to-medium-sized businesses. It prioritizes serving remote, rural populations that have typically lacked access to credit and other financial services. Uniquely, it offers solar panel loans to nomadic herders, most of whom live without electricity.

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Mongolia

  • $5,900
    Average annual income
  • 0
    View loans »
    Mongolia Loans Fundraising
  • $15,491,375
    Funds lent in using Kiva
  • 1,400.5
    Mongolia Tugriks (MNT) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Batsaikhan to purchase building and insulation materials such as foam, fiberglass and planks.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Apr 4, 2013
Apr 11, 2013
Currency Exchange Loss:
May 18, 2015