A loan of $1,425 helped to purchase building and insulation materials to complete the renovation of his daughter's home.


Ganbaatar's story

Mr. Ganbaatar is 56 years old and lives with his wife and two daughters in Ulaanbaatar, the capital city of Mongolia. The family resides in their own house on a plot of land. He has been rendering taxi services to local people using his own automobile for thirteen consecutive years and has accumulated a vast amount of experience. His wife began selling food items in 2008 and has earned many permanent customers. His eldest daughter is pregnant and currently living with her parents because his daughter's house is deteriorated over the years and his son-in-law is currently repairing the house. But due to lack of finances, the house repair and insulation is not completed. So he is requesting a loan of 2,000,000 MNT to purchase building and insulation materials such as bricks, planks, cements, fiberglass and foam. Using these materials, he and his son-in-law can complete the house renovations, thus preparing a comfortable and warm place for his daughter and grandchild. The renovated house won't lose its heat and more importantly it will enable the family to burn less coal, emit less smoke and thus contribute to the efforts against air pollution. The borrower is a very hardworking individual who cares greatly for his wife and two daughters.



Loan details


Lenders and lending teams



Loan details