Enkhjargal is 38 years old. She lives with her husband and two children in Ulaanbaatar, the capital city of Mongolia. They all live together in a red brick house. Her husband is a carpenter, but he works only in summer time. Her eldest son, Batenkh, studies at the university, and her youngest daughter, Batchimeg, attends a local secondary school.
Enkhjargal operates a grocery store on their plot of land. She used her earnings to pay for her son’s tuition fees and to purchase items for her store, such as a refrigerator. She is an open-minded person who has very good communication skills. She says, "the most important thing to me is provide a good education for my children."
She is requesting a loan to increase her working capital and inventory.
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.