Project on Improving Living Conditions in Ger Residential Area (JFPR MON-9015)

You are here: Home page » Project on Improving Living Conditions in Ger Residential Area (JFPR MON-9015)

Ger Residential Area


Within the project framework implemented by the Mongolian Government in collaboration with ADB, ABTS NBFI granted 3-year loans up to MNT 1 million to residents in Bayanzurkh District of Ulaanbaatar city. The loans with monthly interest rate of 0.5 percent were provided to households in order to support them in construction, repair and extension of their homes. About 155 individuals benefited from the project support of MNT 145 million, of which 13 persons purchased ger, 57 built premises, and 85 repaired or extended the living spaces.