Barsbold is a 38-year-old married man. He is the father of three children. His two oldest children attend a local secondary school, while his spouse stays home with their one-year-old daughter. The family lives in a small apartment.
Barsbold teaches haulage truck mechanics, and, besides this work, he operates a training center for which he needs to purchase some facilities and heavy equipment to use with trainees.
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.