Urankhishig is a 41-year-old woman and she lives with her family in an apartment.
She is a porter and she has been working at the Mongolian Railway Station for 13 years. She lives with her son, and her son has graduation this year. Thus she needs to pay her son's last tuition fee and prepare for her son's graduation. Therefore, she is requesting a 1,500,000 MNT loan to pay his tuition fee and prepare a graduation ceremony.
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.