A loan of $1,475 helped to buy building and insulation materials.


Ulziibayar's story

Mr. Ulziibayar, 30 years old, lives with his wife and daughter in Ulaanbaatar, capital city of Mongolia. The family resides in an old house on a plot of land. He has been working as a car driver at a private firm for one year. His wife makes house decorations on contract with entities and individuals. The house they live in has been deteriorating over the years and is threatened by strong storms and snowfall. So he is requesting a loan of 2,500,000 MNT to buy building and insulation materials such as bricks, cements, fiberglass and foam. Using those materials, he will repair and insulate his house, thus creating a comfortable and warm place for his family. Overall advantage of renovation is that the family will no longer require large amounts of coal for heating. Less coal burning means less pollutants in air.



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Loan details