Funded

Total loan: $4,175
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Odmaa

Mongolia
Ulaanbaatar, Mongolia / Personal Housing Expenses

A loan of $4,175 helped to purchase building materials for renovating the old house.


Odmaa's story

Mrs. Odmaa, 37 years old, lives with her husband and children in Ulaanbaatar, the capital city of Mongolia. The family resides in an old house on a plot of land. She has been running a grocery store since 2003. Her husband renders taxi service to local people.

They moved to their house 10 years ago and since that time, never made any renovations to their house. So, she is requesting a loan of 7,000,000 MNT (Mongolian tugriks) to purchase vacuum-insulated windows, hardwood floors, fiberglass and cement. Using those materials, her husband will make renovations to the old house, thus creating a comfortable and warm place. In this energy-preserving house, heat loss will be minimal, and the family will burn less coal for heating, thus releasing less pollutants into the atmosphere.



Loan details

Loan length:

26 months
Disbursed date: August 15, 2013

Lenders and lending teams




Loan details

Loan length:

26 months
Disbursed date: August 15, 2013