Funded

Total loan: $525
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Batnasan

Mongolia
Uvurhangai, Mongolia / Personal Housing Expenses

A loan of $525 helped to purchase a felt cover and other materials to insulate his Ger in order to stay warm with less consumption of coal and firewood during the harsh Mongolian winter.


Batnasan's story

Mr. Batnasan is 28 years old and lives with his mother and his bride in a Ger, a traditional nomadic yurt, in Uvurhangai province of Mongolia. His mother is retired and stays at home. He is planning to marry his bride, Erdenechimeg, in late August. He has graduated from a specialized mobile phone repair course and started his own small business of phone repair in a mobile phone provider branch in Uvurhangai.

He is planning to live with his bride and is now preparing to build a Ger. He is requesting a loan of 800,000 MNT to purchase a felt cover and other materials to insulate his Ger in order to stay warm with less consumption of coal and firewood during the harsh Mongolian winter. He is a hardworking and diligent man.



Loan details

Loan length:

26 months
Repayment schedule: Irregularly
Disbursed date: August 6, 2013

Lenders and lending teams



Loan details

Loan length:

26 months
Repayment schedule: Irregularly
Disbursed date: August 6, 2013