Enkhbayar, S. is a humble, helpful and open-minded person. She is divorced and lives with her mother and 2 daughters in Ulaanbaatar, the capital of Mongolia. They all live together in a traditional Mongolian, nomadic tent. Her oldest daughter, Sodgerel, is 10 years old and attends secondary school. Her younger daughter, Khulan, is 5 years old and stays at home with her grandmother.
Enkhbayar operates a taxi service in her town. She enjoys transporting people. She says, “I must be very responsible and careful when driving my car in order to provide a safe ride for my customers”. Also, she says, “The most important thing to me is to provide a good education for my children".
She is requesting a loan to purchase four tires and other spare parts for her 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.