Funded

Total loan: $2,400
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Munkhzul

Mongolia
Ulaanbaatar, Mongolia / Personal Housing Expenses

A loan of $2,400 helped to purchase building and insulation materials.


Munkhzul's story

Mrs. Munkhzul is 33 years old and lives with her two children in Ulaanbaatar, the capital city of Mongolia. The family resides in an old brick house on a plot of land. Her husband went to Korea on a three year employment contract in October, 2012. She has been working as an assistant cook at a kindergarten for the last two years. Her elder daughter goes to high school while her youngest attends kindergarten. This summer, she began to renovate their house but due to lack of finances, she couldn't finish it in time. So she is requesting a loan of 4,000,000 MNT to purchase building and insulation materials such as bricks, cement, fiberglass and foam. After making repair and insulation using those materials, her family will be able to live in a comfortable and warm place without worrying about the upcoming winter. Also, the family will burn less coal for heating because of insulated walls thus, releasing less pollution into the atmosphere.



Loan details

Loan length:

14 months
Disbursed date: August 20, 2013

Lenders and lending teams




Loan details

Loan length:

14 months
Disbursed date: August 20, 2013