Funded

Total loan: $1,225
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Sereeter

Mongolia
Ulaanbaatar, Mongolia / Personal Housing Expenses

A loan of $1,225 helped to buy building and insulation materials.


Sereeter's story

Mr. Sereeter, 49 years old, lives with his wife and son in an old house on a plot of land in Ulaanbaatar, the capital city of Mongolia. He has been rendering taxi service to local people using his automobile for seven years. Prior to this he worked as a driver for a private company for 5 years. His wife is a cook and works in a restaurant. Their son studies at a university.

Mr. Sereeter is requesting a loan of 2,000,000 MNT to purchase building and insulation materials such as bricks, cement, fiberglass and foam. Using those materials, he will repair and insulate his house. After renovation, his family will reduce the amount of coal they burn for heating and release fewer pollutants into air. The borrower is a very hardworking individual who strives for a better future.



Loan details

Loan length:

10 months
Disbursed date: August 8, 2013

Lenders and lending teams




Loan details

Loan length:

10 months
Disbursed date: August 8, 2013