Mrs. Undrakh, 22 years old, lives with her husband and child in Kherlen, the easternmost town of Mongolia. She has been selling phone accessories to local people for two years. Her husband operates a billiard center. Her parents are currently looking after her one-year-old child.
She is requesting a loan of 3,000,000 MNT to buy phone accessories in large quantities so that she can continue to run her business without worrying about inventory shortage. She is a very hardworking woman who strives for a better future.
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.