A loan of $3,525 helped to purchase building and insulation materials.

Ganbaatar's story

Mr. Ganbaatar, 53 years old, lives with his wife, three sons, daughter-in-law and two grandchildren, in Ulaanbaatar, the capital city of Mongolia. This extended family resides in their own house on a plot of land. He has been rendering taxi service to local people, by renting an automobile from a private business entity for one year. His wife sells clothes, renting a stall at the trade center. His elder son has a position as a welder at a construction company, and his second son plays music at the State philharmonic hall. His daughter-in-law stays at home, looking after her children.

The house they live in has deteriorated over the years, and needs some serious repair. So, Ganbaatar is requesting a loan of 5,000,000 MNT. He will use it to purchase building and insulation materials, such as planks, bricks, cement, fiberglass and foam. Using these materials, he can make an extension, and repair and insulate his house, thus providing more comfortable and warmer accommodations for his family. The renovated house will enable the family to burn less coal, emit less smoke, and thereby contribute to the efforts against air pollution. The borrower is a very hardworking individual, who strives for a better future.

Loan details

Lenders and lending teams

Loan details