In 2005, with 3,500,000 MNT (Mongolian Tugriks) of working capital, Bat-Tsetseg started operating a sweets and cigarettes wholesale stall at Narantuul, Mongolia's largest outdoor market. Her business has since expanded, and she is now running two stalls and has 6,500,000 MNT of working capital.
Bat-Tsetseg is requesting a 2,000,000 MNT loan to import more products for this summer. In the future she wants to build a new house with her business earnings so that her family can enjoy safe and comfortable living conditions. Bat-Tsetseg is a responsible and hardworking woman who is striving to get ahead and provide a good quality of life for her family.
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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Success!! The loan was 100% repaid