With this loan, she wants to buy organic fertilizers for growing vegetables. Her parents live in another ger district and they plant vegetables in their land plot. Before the end of September, her parents want to fertilize their planted vegetables and it is very important to have a good harvest in autumn. The loan she is taking out will be used to pay for organic fertilizers from the market.
More information about this loan
This loan is part of Credit Mongol's green loan program, which helps clients to gain access to electricity through solar panel kits, as well as other products for improving their heating and ventilation systems, reducing pollution and health problems caused by burning fuel.
About Credit MongolCredit 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.
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