Chinzorig J. is 26 years old and single. He lives in Ulaanbaatar, the capital city of Mongolia. Chinzorig has a small business running a photo service booth. He has been running his photo service booth for the last five years and has gained an abundant amount of experience in professional photography. One of his dreams is to open his own photo studio where customers would have the chance to dress up in Mongolian traditional clothes while having their photos taken. He is requesting a 1,000,000-tugrug loan to purchase Mongolian traditional clothes and some equipment for his business.
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.