Borrower Mendbayar is a married lady who lives with her family in her sister's yard. She supports her family by operating a stationary, clothes and after-market selling business. Currently she has about 7,000,000 MNT in working capital. In the future she desires to increase her working capital.
She is requesting a 2,000,000 MNT loan to purchase more products to sell. Her aim is to own her own yard and house.
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.