A loan of $4,575 helped to purchase building materials.


Batbayar's story

Mr. Batbayar, 47 years old, lives with his wife and son in Ulaanbaatar, the capital city of Mongolia. The family resides in their own block house on a plot of land.

Batbayar has been rendering taxi services to local people using his own automobile for sixteen consecutive years. He has accumulated a vast amount of experience in picking up customers, driving them quickly to their destination and shortening routes. Also, during his free time, he does some electric repair work on contract with some individuals and entities. His wife has been doing house interior decoration for a long time and specialized in this service sector. His son studies at university.

Their old house is made with concrete blocks, and over the years it has deteriorated. So Batbayar is requesting a loan of 6,500,000 MNT to purchase building materials to make repairs and an extension to his house. The building materials he will purchase include concrete, bricks, planks, shingles and window frames. The extended and renovated house will enable the family to burn less coal, emit less smoke and then contribute to the efforts against air pollution.

The borrower is a very hardworking individual whose dream is to see his son graduate his university successfully and become a white-collar worker, not wanting his son to work like him day and night.



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Loan details