Funded

Total loan: $4,225
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Badamdorj

Mongolia
Ulaanbaatar, Mongolia / Personal Housing Expenses

A loan of $4,225 helped to purchase building and insulation materials for his house.


Badamdorj's story

Badamdorj, 48 years old, lives with his wife and four children in Ulaanbaatar, capital city of Mongolia. The family resides in their own house on ring-fenced land.

He has been rendering goods transportation services to local people at an outdoor market since 2000 and now he has permanent customers and an improved truck, which highly satisfies customer needs.

This year, his daughter and elder son are graduating from university and high school, respectively. During summertime, his wife sells dairy products and meat to local people.

The house they live in has deteriorated over the years and needs some serious repair and extension since his sons are growing and requiring more private space. So, Badamdorj is requesting a loan of MNT 6,000,000 to purchase building and insulation materials, such as bricks, concrete, planks, fiberglass, foam, and gypsum walls.

Using these materials, he can make his house more comfortable and a warmer place. The renovated house will enable the family to burn less coal, emit less smoke, and contribute to the efforts against air pollution.

The borrower is one of our reliable clients. He has borrowed six times and paid each installment on scheduled time, without any delay.



Loan details

Loan length:

26 months
Disbursed date: May 1, 2013

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: May 1, 2013