Sukhbaatar has been supporting his family by operating a taxi business for the past thirteen years. In 1998, he started his business using an old Russian car called a Moskvich. During the past thirteen years, he has been able to gradually improve his living conditions and has gained a lot of experience. He is planning to sell his old car and purchase another secondhand car, due to safety regulations for transportation. He is requesting a 3,000,000 MNT loan to purchase the car. His goal is to improve his daughter’s education by paying her education costs.
About TranscapitalTranscapital 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.
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