Mr. Batbold is a photographer. Since 2008 he has been working as a photographer. He lives with his wife and his daughter in the slum district of Ulaanbaatar, the capital city of Mongolia.
He uses a Japanese photo camera in his job and it is a main job tool for this job. He always cares for it. Half a month ago, his camera was damaged and there is no way to fix it. His job has stopped since it happened.
The loan he is taking will be used to cover the cost of a new photo camera to get back to his job.
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.