Although her education is in business administration and accounting, Battungalag supports her family by operating a clothing-sales business at the local indoor market. She usually sells bags, shoes, women's clothes and other goods purchased from Ereen, a border city between Mongolia and China that she travels to once a month. Her spouse operates a home cleaning business, but sometimes helps her.
Battungalag is requesting a 3.900.000 Mongolian Tugriks (MNT) loan to purchase a variety of clothes, shoes, and bags for the upcoming spring season, a time of strong shopping activity in Mongolia.
About TranscapitalTranscapital is one of the leading non-bank financial institutions (NBFI) in Mongolia. Through 12 branches, it serves mainly urban and semi-urban microfinance clients, including a growing number of migrants in the capital city of Ulaanbaatar. Of its clients, almost 68% are women and 60% live in ger districts, settlements made up of houses and traditional Mongolian felt tents that lack basic infrastructure.
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Success!! The loan was 100% repaid