Mrs. Badamtsetseg, 37 years old, lives with her husband, daughter and son in Ulaanbaatar, the capital city of Mongolia. Seven years ago, the family came to and settled in Ulaanbaatar. She has been working as an office manager at a private company for four years. Her husband makes house decorations for a living and her daughter and son both go to high school. Besides her job, she also runs a clothing sales business by renting a stall at a trade center and hiring her own sister as a saleswoman.
She is requesting a loan of 2500000 MNT to purchase clothes in large quantities. As a result, she can run her clothing sales business without worrying about inventory shortages. The borrower is a very hardworking individual who deeply cares for her family.
About Credit Mongol
Credit Mongol is the largest non-banking financial institution (NBFI) in Mongolia. Its mission is to contribute to the prosperity of Mongolians by providing high-quality, affordable and varied financial services to micro-entrepreneurs and small-to-medium-sized businesses. It prioritizes serving remote, rural populations that have typically lacked access to credit and other financial services. Uniquely, it offers solar panel loans to nomadic herders, most of whom live without electricity.