Altantulkhuur is 27 years old. She is a beautician in a salon. She lives with her son and husband in her father’s house, which is located in the slum district of Ulaanbaatar. Her husband runs an inter-city passenger transportation service. He has a lot of regular customers and they say that he is a good driver.
Lately, his car has become more broken down and it's dangerous to serve the customers. Therefore, he needs to change its spare parts and some sections. It will be good for his business earnings if he can make the repairs before this winter. The loan Altantulkhuur is requesting will be used to purchase some new spare parts so her husband can make repairs to his car.
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.