Mrs. Dashdulam, 50, runs a motel in Ulaanbaatar, the capital city of Mongolia. She is a disabled widow and lives with her son. She has been running her business for seven years and tries to develop her business day by day. She is requesting a loan to increase her motel's working capital in order to purchase beds and other furniture. She will be able to increase her business capacity and receive many more bookings providing that she increases her working capital.
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.