Zoljargal is 22-year-old and lives with her family in a ger, a Mongolian traditional nomadic tent in Ulaanbaatar, the capital city of Mongolia.
Since February 2011, she has run a grocery store near her home. Before that she operated a clothes shop called “Baby Shop” in another district.
Zoljargal is an accountant and does all the accounting for her store by herself. She hired a part-time salesperson to work in her store.
Zoljargal wants a loan to purchase coal to heat her store and to supply food products, from local food vendors, to sell.
She thinks she will expand her business and increase her income.
About Credit Mongol
Credit 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.