Funded

Total loan: $4,750
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Mendsaikhan

Mongolia
Ulaanbaatar, Mongolia / Construction Supplies

A loan of $4,750 helped to buy insulation for a two flat house.


Mendsaikhan's story

Mr. Mendsaikhan, 36 years old, lives with his family in Ulaanbaatar, the capital city of Mongolia. The family resides in their own house on a plot of land. Mendsaikhan has been working as a security worker at a private business entity. His wife works as a cleaner at the same entity.

Together with his brother, he built a two flat house on his plot of land. The house will be used for people who want and seek a lower rent home, and a comfortable living place. He is requesting a loan of 6,700,000 MNT to purchase insulation materials such as fiberglass, foams, cotton, and cellulose. Using those materials, he can fully insulate the rental house, and people renting this house will burn less coal, emit less smoke, and contribute to efforts against air pollution.

The borrower is very hardworking individual who is concerned about the well being of others.



Loan details

Loan length:

30 months
Repayment schedule: Irregularly
Disbursed date: April 26, 2013

Lenders and lending teams



Loan details

Loan length:

30 months
Repayment schedule: Irregularly
Disbursed date: April 26, 2013