Batsuren is 30 years old. He lives with his wife and daughter of three months. He has a job in a local company. He was doing the job for three years. However, the salary was not enough for his and his family's needs. He decided to quit his job and started his own taxi business. His business is growing well, and the income is increasing lately. He said it is more profitable than the fixed salary. He is a very hardworking and honest person who always cares for his family. He needs to keep his car in good condition so that he can continue to earn a living. Therefore, he is requesting a 1,500,000 tugrug loan in order for him to make the necessary repairs and to replace parts on his car.
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.