Amaraa, age 49 and the mother of three children, lives with her husband and the youngest son in a small house in the outer district of Ulaanbaatar, the capital city of Mongolia. Her oldest two sons live separately but her youngest son, who graduated college this year, lives with his parents. Amaraa has been operating a butcher shop for over 10 years.
She runs her stall at local outdoor market called “Kharkhorin” with help from her husband. She has a large number of customers, including public-service establishments, who buy flesh meat every day. Although the income is considerably high, usually 95 percent is expected as an expense. She supported her oldest sons to start their lives with the profit she made (small house, furniture, electric goods, etc.).
Amaraa is requesting a 2,500,000 Mongolian tugriks loan to order and purchase more flesh meat before Naadam, the biggest Mongolian national holiday. She is a bright and experienced woman who supports children as well as being willing to improve the living standards of her family.
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.