Funded

Total loan: $3,575
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Byambajav

Mongolia
Ulaanbaatar, Mongolia / Personal Housing Expenses

A loan of $3,575 helped to purchase building and insulation materials.


Byambajav's story

Mr. Byambajav, 37 years old, lives with his wife and two children in Ulaanbaatar, the capital city of Mongolia. The family resides in their own house on a plot of land. He has been working at a building company for eight consecutive years and has accumulated a vast amount of experience. His wife also specialized in architecture and now performs interior work on contract with building companies.

The house they live in has been deteriorating over the years and needs some serious repair. He is requesting a loan of 5,000,000 MNT (Mongolian tugriks) to purchase building and insulation materials such as bricks, planks, iron, fiberglass, foams, gypsum and dry boards. Using those materials, he can repair and insulate his house, and the renovated house will enable the family to live in a comfortable and warm place. More importantly, the family will reduce its coal usage, release less smoke and then contribute to the efforts against air pollution. The borrower is a very hardworking individual who strives for a better life.



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