Mrs.Tsetsegmaa is a 33-year-old married woman who has three children. All three of her children attend high school, while her spouse is a truck driver. She lives in an outer ger district that lacks the basic infrastructure of the city.
Since August of 2012, she has owned small shoe stall at the largest outdoor market. Now she wants to increase her working capital, therefore she needs more shoes, boots and sandals. This loan will be used to purchase shoes to sell.
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.