Gantulga G. lives with his wife and two teenage children in Ulaanbaatar, the capital city of Mongolia. He and his family live in a ger, a traditional Mongolian nomadic tent. He drives a cab in the town. His oldest children attend secondary school, while his youngest daughter stays at home with his mother. His wife Saruul is a professional hairdresser.
He has been doing the taxi business since 2005. Gantulga is a very hardworking person and is known for his good character. He is working hard to maintain his success and has much hope for the future. He needs to keep his car in good condition so that he can continue to earn a living. Therefore, he is requesting a 1,300,000 tugrug loan in order for him to make the necessary repairs and to replace parts on his car.
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.