Published News » Environment

Yes, it might be the dead of winter in Mongolia, with temperatures hovering around -30 degrees Fahrenheit, but the loan products here have been turning green.  Thanks to the hard work of the Eco Products Team at XacBank in Mongolia, Kiva lenders saw an introduction of 3 new types of personal consumption ‘green loans’ in December 2009.

Ulaanbaatar is already the coldest capital of the world, but it need not be its most polluted.

When Ulaanbaatar’s one million citizens breathe, their lungs act like air filters, catching and storing harmful dust. Scientists call this dust “Particulate Matter” (PM). If PM is smaller than 10 microns or “PM10” it can cause severe respiratory illnesses. These illnesses can lead to

NOT just North America and Europe are pulling out of harsh winters. Mongolia has had its bitterest winter in decades. Nearly 3m of the country’s livestock, something approaching a tenth of the total, are said to have died, and some Mongolians. Now, with the glitter of huge mining projects on the horizon, questions are being raised about the future of nomadic herding, which for millennia