Nandin-Erdene is a 22-year-old young lady entrepreneur who has been operating a pig husbandry business since 2005. She has 2 pigs and 3 piglets and also about 30 goats. She operates her business with special help from her brother, Jargalsaikhan.
She lives with her mother, sister and brother in the outer ger district of Ulaanbaatar city, Mongolia. This district lacks basic infrastructure. Her husbandry business is located in her yard in which the family lives.
Nandin is requesting a 3,000,000 MNT (Mongolian Tugriks) loan to purchase three pigs. The per-pig cost is 1,000,000 MNT.
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.