A loan of $4,475 helped to purchase building and insulation materials.

Munkhbukh's story

Mr. Munkhbukh, 40 years old, lives with his wife and two children in Ulaanbaatar, the capital city of Mongolia. His daughter is eleventh grade at high school and this year took a university entrance exam. His son goes to high school and is only in fifth grade.

Munkhbukh, together with his wife began a raw materials sales business in 2005. They purchase bottles of alcohol, beer and juice, damaged bricks and other materials from people who collect them for a living. Later they sell them at higher price after making some adjustments such as repairing bricks or cleaning bottles.

The house they live in has deteriorated over the years and it needs some renovation. So Munkhbukh is requesting a loan of 7000000 MNT to purchase building and insulation materials such as bricks, cements, fiberglass and foam. By doing so, his family will live in a comfortable and warm place without worrying about the coming winter. The renovated house will enable the family to burn less coal for heating thus releasing less pollutants into the atmosphere.

Loan details

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Loan details