Mr. Bayartogtokh is a married man, who lives with his daughter and wife at Darkhan city. His daughter attends high school, while his wife works in a local water center.
Bayartogtokh supports his family by operating a transportation business, with a minivan. He runs for local transportation through Darkhan city for most of the year, and during the summer time he contracts with a tourist company and runs for tourists. Before this summer's contract he wants to make some renovation and repair to his minivan. Thus, he is requesting a 1,700,000 MNT loan, which he will use to change the wheels and the interior section of his minivan, in order to make it more comfortable for tourists.
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.