A loan of $4,900 helped to purchase building materials.

Erdenebulgan's story

Mr. Erdenebulgan, 42 years old, lives with his wife and three children in Ulaanbaatar, the capital city of Mongolia. The family resides in a rental apartment. He has been running a cafe since 2003 and in 2008, he began renting his cafe. In 2012, he purchased land and began building a house. He wants to rent out this house's rooms to people who are in urgent need of shelter. The house is almost completed but some interior work is remaining. So he is requesting a loan of 7000000 MNT to purchase building materials such as floor cloth, wallpapers, vacuum insulated windows, and fiberglass.

If he completes and insulates his house, he can begin renting out its rooms and generate more income for his family as his three children are growing bigger each day and their needs are increasing. Also, building a high quality house will enable its renters to burn less coal, emit less smoke and then contribute to the efforts against air pollution. The borrower is a very hard-working individual who wants to improve his family's living standard as well as to create a comfortable living space for his renters.

Loan details

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Loan details