A loan of $1,650 helped to build a barn next to his home.


Erdenesaikhan's story

Mr. Erdenesaikhan, 48 years old, lives with his wife and four children in Erdenet, the third largest city in Mongolia. They reside in a traditional Mongolian traditional ger (a portable felt dwelling) on a plot of land. He has been driving a bus for a travel agency since 2008. His wife is unemployed, and stays at home looking after their youngest child. Their eldest daughter works for a state bank as a teller. Also one of his sons studies at college, and this year has advanced to second year. He is requesting a loan of 3,000,000 MNT to buy building materials such as planks, cement, and bricks for building a barn next to his ger. The barn will serve as an extension, as well as protection against blowing wind. In addition, his family will burn less coal as the ger becomes less vulnerable to heat loss. Burning coal is considered a main source of air pollution, so a decrease in coal usage is beneficial to both the family and the environment.



Loan details


Lenders and lending teams




Loan details