Ms.Ganpurev is a 40-year-old widow and lives with her son, daughter, and mother in Darkhan city. She lives with her family in a rental apartment that is located in the local district of Darkhan city. She has been operating a shoe sales stall business at the local market since 2003. Now she has about 3,000,000 Mongolian Tughriks (MNT) in working capital.
In the future, she really wants to increase her working capital and improve her business. Therefore she is requesting a 2,500,000 MNT loan to purchase more shoes to sell at her stall.
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.