Tsatsral is 27, married, and a micro-entrepreneur. She lives with her husband and two children, aged two and four, in Ulaanbaatar, the capital city of Mongolia. Both of her children attend kindergarten. Her family lives in a ger, a traditional Mongolian felt tent. For the past five years, she has supported her family by operating a clothing retail stall at Narantuul, the largest outdoor market of Mongolia, with help from her husband.
She began her business in 2005, and today her working capital is 2.6 million MNT. She purchases her products every three months from Ereen, a city that borders on China. She is friendly and has a lot of regular customers. She wants to expand her working capital with this loan, and to increase her income. She is requesting a loan of 1,500,000 MNT to increase her clothing inventory for spring.
Her goal is to improve her living conditions by building her own small house.
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.