A loan of $2,400 helped to buy hardwood flooring, fiberglass, and wallpaper for the rooms he rents to students.

Ganbaatar's story

Ganbaatar, age 47, became the general manager of a restaurant earlier this year. Previously, he was the manager of a different restaurant. He lives alone in an apartment in Ulaanbaatar, the capital city of Mongolia.

Ganbataar rents out the other rooms of his apartment to students coming to Ulanbataar from the countryside. The rooms have deteriorated over the years and need significant repair. In order to make these repairs, he is requesting a loan in the amount of 4,000,000 MNT. He will use his loan funds to buy hardwood flooring, wallpaper, and fiberglass in order to renovate the rooms.

After renovation, the students who rent from him will live in comfortable and warm lodgings where less energy will be wasted.

Loan details

Lenders and lending teams

Loan details