Tsetsegmaa is a 50-year-old widow who lives with her 12-year-old son in the second capital city of Mongolia, called Darkhan city. She specialized as a sales assistant and cooker. Since 1995, she has been operating a stall business at stall market in Darkhan.
Now Tsetsegmaa has about MNT 11,000,000 in working capital and, mostly, she imports her shoes from China, once or twice a month. She is requesting a loan of MNT 4,000,000 to purchase more fashionable and seasonal shoes to sell in the upcoming season.
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.