Borrower Purevkhuu is a-33-year-old married lady who has two daughters and lives with her family in the outer ger (nomadic tent) district of Ulaanbaatar city, Mongolia which lacks basic infrastructure. Her older daughter attends primary school while her husband works as a driver at a local company.
She has been supporting her family by operating a computer service business for a few years. Her business can attract more customers but she doesn’t have a color printer which most of her customers need. Thus, she is requesting 2.000.000 MNT (Mongolian Tugriks) to purchase a color printer and other necessary facilities.
Transcapital 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.