A loan of $1,075 helped to purchase an electric heater.


Solongo's story

Solongo, 43 years old, lives with her three children in Ulaanbaatar, the capital city of Mongolia. The family resides in their own house on a plot of land. She has been running a collection point for recycled materials since 2006 and has accumulated a vast amount of experience. All her three children go to high school and she needs to pay for all their tuition fees. Using her previous loan, she purchased and installed a low-pressure furnace into her house, thus reducing coal consumption. This time she is requesting a loan of 1,500,000 MNT to purchase an electric heater. Adding to the low pressure furnace, this electric heater will decrease coal consumption drastically and enable the family to save money. The borrower is a very hardworking individual who is alone bearing the burden of raising three children.



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Loan details