Tuvshintur is a 38-year-old married man who has three daughters and one son. He lives with his family in Ulaanbaatar, Mongolia.
He is a head of a dog factory that has two dog shops in the city. Since 2003, he has been operating a dog factory business, so he is very experienced with his work. Tuvshintur sells a variety of dog breeds, including the Tibetan hunt dog, which is shown in the picture.
During the summer season, his business can attract more customers, so he is requesting a loan of 3,900,000 Mongolian Tugriks (MNT) to increase his current offering dog breeds. “I really like to enjoy and feel the happiness from my job ecause it’s my hobby, and I really love the dogs because they are the person’s best friend,” Tuvshintur said happily.
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.