Funded

Total loan: $4,275
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Ganbileg

Mongolia
Ulaanbaatar, Mongolia / Personal Housing Expenses

A loan of $4,275 helped to purchase building and insulation materials for his house.


Ganbileg's story

Mr. Ganbileg is 31 years old and lives with his wife and son in Ulaanbaatar, the capital city of Mongolia. The family currently resides in a rental apartment. Mr. Ganbileg has been running an automobile repair shop since 2009 and had purchased all of the necessary equipment from China. His wife has been working at a grocery store before selling clothes at a trade center.

His wife is pregnant and needs some work near her home. In 2009, he purchased an old wooden house and land from someone and this year he decided to move into this house. So he is requesting a loan of 6,000,000 MNT to purchase building and insulation materials such as fiberglass, bricks, foam, and planks. Using those materials, he can repair and update his old wooden house. The renovated house will enable the family to burn less coal and release less smoke, thus contributing to the efforts against air pollution. The borrower is a very hardworking individual who strives for a better future.



Loan details

Loan length:

26 months
Disbursed date: April 19, 2013

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: April 19, 2013