Funded

Total loan: $4,700
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Altantsetseg

Mongolia
Darkhan, Mongolia / Personal Housing Expenses

A loan of $4,700 helped to purchase and install an electric boiler into her house.


Altantsetseg's story

Mrs. Altantsetseg, 34 years old, lives with her husband and eight year old son in Darkhan, the second largest city of Mongolia. They live in their own house on a plot of land.

She has been operating a bakery for fifteen years and people who taste her baked goods say it is the most delicious cake I have ever eaten. Her husband is on disability due to an accident at the factory and now he gets a state pension. She has used her previous loan to make an extension to her house and it has made the house more comfortable and warmer.

Now she is requesting a loan of 7000000 MNT to purchase and install an electric boiler into her house for heating. As a result, the family will be able to give up coal for heating and contribute to the efforts against air pollution as burning coal is the main source of air pollution in Mongolia.

The borrower is a very hardworking individual who wants her husband and son to live in a warm and comfortable place.



Loan details

Loan length:

38 months
Disbursed date: July 2, 2013

Lenders and lending teams



Loan details

Loan length:

38 months
Disbursed date: July 2, 2013