Mr. Ulziijargal, 22, is a professional photographer. He operates a photo studio in downtown Ulaanbaatar, the capital city of Mongolia. He opened his studio last year and he has been trying to gain experience and improve his business day by day. Currently, he serves approximately 20-25 customers in a day. He takes many kinds of photos for many purposes. Now he needs to buy another multicolor printer with multi-action for his studio. It will give him more opportunity to print his photos with better quality. The loan he is taking will be used to cover the cost of the multi-color printer for his photo studio.
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.