Uranbileg is 43 years old and lives with her husband, son, daughter, son-in-law and granddaughter in Ulaanbaatar, the capital city of Mongolia. Her family lives in a small house, in the outer ger districts of the city. Her son attends college, while her husband works as a driver at a local company. Uranbileg worked as a teacher at a kindergarten from 1989 to 2000.
Uranbileg supports her family by operating two clothing retail stalls at Narantuul, the largest outdoor market in Mongolia, with regular help from her daughter and daughter’s husband.
Uranbileg began her business in 2000 and now she has 2,500,000 Mongolian Tugriks (MNT) in working capital at her two stalls. She purchases clothing for her business from China once or twice a month, depending on her income. She is requesting a 800,000 MNT to purchase clothing for spring from Ereen City, China. She wants to use this loan to help support her in this very busy shopping season of the year.
Her business goal is to improve her business by buying her own indoor clothing store. This will be more comfortable than working outside everyday at Narantuul market.
Transcapital is one of the leading non-bank financial institutions (NBFI) in Mongolia. Through 12 branches, it serves mainly urban and semi-urban microfinance clients, including a growing number of migrants in the capital city of Ulaanbaatar. Of its clients, almost 68% are women and 60% live in ger districts, settlements made up of houses and traditional Mongolian felt tents that lack basic infrastructure.