Bayarmaa is a 31-year-old widow who lives with her mother and three daughters in the outer ger district of the city. She supports her family by operating an auto repair supply business at a local auto market. Her elder two daughters attend secondary school while her mother babysits for her youngest daughter.
She usually sells car air-cushions and other car supplies that she imports from Ereen, a border city between Mongolia and China. She is requesting a 3,000,000 MNT loan to purchase more air-cushions and other products to sell. She is a very hardworking and patient lady since she is a widow and the only person who has income in her family.
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.