A loan of $4,700 helped to renovate his house.

Dagvadorj's story

Mr. Dagvadorj, 43 years old, lives with his wife and three children in Ulaanbaatar, capital city of Mongolia. He and his wife have been producing and selling diary products to local people since 2010. In order to improve his product quality, he purchased packaging equipment using his previous loan. This time he is requesting a loan of 7,700,000 MNT to buy building materials such as bricks, cement, fiberglass and foam. Using those materials, he wants to repair and insulate the old house which he bought at a low price.

Dagvadorj thinks living in a house is way better than living in a Mongolian tradition 'ger' even though the house is many years old and has deteriorated. After renovation of his house, his family will live in a comfortable and warm place where less coal is burned for heating, emitting fewer pollutants into the air.

Loan details

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Loan details