Bayarmaa has lately been considering an expansion of her business into another marketplace or bazaar. In order to increase her business working capital, she needs to increase her sales volume, and is therefore requesting a loan to purchase more dishes from her suppliers. Her previous four loans from other institutions were all repaid 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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