Batjargal is a 37-year-old married lady who lives with her family in a ger, a traditional Mongolian felt tent, in Ulaanbaatar, Mongolia.
She has been supporting her family by operating a retail business at a local indoor market since June 2011. She has about 2.4 million MNT in working capital. She usually sells women's bags and hand bags that come from Beijing, China.
Batjargal is requesting a 1,800,000 MNT loan to purchase a variety of bags for the beginning of the spring season,
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.