Mrs. Purevsuren, 40 years old, live with her husband and four children in Ulaanbaatar, the capital city of Mongolia. The family resides in an old house on a plot of land. She has been working as a conductor of a bus at a transportation company since 2010. Her husband is a welder and works at a building company.
Their elder son recently enrolled in university and their elder daughter studies at college. The younger two children both go to high school. She is requesting a loan of 3,000,000 MNT (Mongolian tugriks) to pay for her eldest son's tuition fee. She believes that investing in education is the best she can do for her children.
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.