Oyunjargal used to be a teacher at “Urlakh Erdem” university, the famous Mongolian fashion design school from which she graduated. Then she started her own tailoring business in 2006, employing a friend who studied in university with her. Oyunjargal now rents a stall at ”Danista” market, the crowded city market. Her dream is to buy her own apartment and to give her children a proper education and good morals. This will be her first loan, with which she intends to purchase a sewing machine.
About Credit MongolCredit 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.
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