A loan of $2,550 helped to purchase building and insulation materials.

Delgertsogt's story

Mr. Delgertsogt, who is 27 years old, lives with his wife, two children, and father-in-law in an old house on a plot of land in Ulaanbaatar, capital city of Mongolia.

He has been working as an assistant in a building company for two years. His wife is a cook by profession but currently is staying at home looking after their children. His father-in-law is a sentry at a university and gets a retirement pension.

The house they live in has deteriorated over the years, and it needs some serious repair as winter approaches. So Delgertsogt is requesting a loan of MNT 4,300,000 to purchase building and insulation materials, such as bricks, cements, planks, fiberglass, and foam. Using those materials, he can finally repair and insulate his house, thus creating a comfortable and warm place for his family.

Also the renovated house will enable the family to burn less coal for heating, and reduced coal usage has positive impact on environment as fewer pollutants will be released into atmosphere.

Loan details

Lenders and lending teams

Loan details