A loan of $4,625 helped to purchase building and insulation materials.


Batmunkh's story

Mr. Batmunkh, 41 years old, lives with his wife and three children in Ulaanbaatar, the capital city of Mongolia. The family resides in an old house on a plot of land. He has been working as a general manager at a consulting firm for one year. His wife is unemployed and looks after her children. He is requesting a loan of 7,700,000 MNT to buy building and insulation materials such as bricks, cement, fiberglass and foam. Using those materials, he will repair and insulate his house, thus creating a more comfortable and warm place.

The family will burn less coal for heating as heat loss through walls and windows will cease. Burning of coal is the main source of air pollution in Mongolia according to state research.



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Loan details