A loan of $1,650 helped to purchase shingles, vacuum-insulated windows, and fiberglass, for making his family's home more energy-efficient.


Munkhbaatar's story

Mr. Munkhbaatar, 52 years old, lives with his son's family in Ulaanbaatar, the capital city of Mongolia. His wife passed away, when their children were very young. He raised three children on his own, by working hard at a mining company as a truck driver. Today, he still works for this company and transports minerals between ports. His two daughters are both married and live separately.

The house in which Munkhbaatar lives, together with his son's family, has a deteriorated roof and windows. This makes the living space vulnerable to frosts and storms. With winter coming closer, Munkhbaatar is requesting a loan of 2,500,000 MNT, which he will use to purchase shingles, vacuum-insulated windows, and fiberglass insulation. Using those materials, he can renovate the house and make a comfortable and warm place for his grandchildren. More importantly, the renovated house will enable the family to burn less coal for heating, so it will release less pollution into the air. The renovation of the house will contribute to Mongolia's efforts against air pollution. The borrower is a very hardworking individual, who raised three children on his own with his hard work.



Loan details


Lenders and lending teams




Loan details