Enkhtuya is 43 years old and lives with her husband and 2 children in Ulaanbaatar, the capital city of Mongolia. They all live together in a small house on their own land. Her husband operates taxi business. Her daugther, Oyun, is 16 years old and attends a local secondary school. Her son, Munkhjargal, is 2 years old.
Enkhtuya currently operates a construction material trade business out of a rented stall at the largest market in Ulaanbaatar. Since Enkhtuya started her business, her family's living conditions have improved. With her earnings, she has been providing money for family expenses and paying her daughter's education fees. Recently, in 2010, Enkhtuya and her husband purchased a new car. She is an open and very hard-working person. She is requesting a loan to purchase current assets.
About Credit Mongol
Credit Mongol is the largest non-banking financial institution (NBFI) in Mongolia. Its mission is to contribute to the prosperity of Mongolians by providing high-quality, affordable and varied financial services to micro-entrepreneurs and small-to-medium-sized businesses. It prioritizes serving remote, rural populations that have typically lacked access to credit and other financial services. Uniquely, it offers solar panel loans to nomadic herders, most of whom live without electricity.