Baasan-Ochir’s car has become old and in disrepair. He needs to fix it up and make some adjustments to it. Baasan-Ochir is requesting a loan to repair his taxi and so raise his earnings. This is his second loan; the first he repaid successfully and on time.
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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