This summer, Erdenebayar raised vegetables and now wants to harvest them. Due to the lack of finance, he cannot afford to do. As winter is coming closer, his vegetables are in danger so he is requesting a loan for 7,000,000 MNT, which he will use to hire workers for harvesting and to rent truck for transporting. By doing so, he can supply his vegetables to local vendors so that people can eat fresh vegetables, which is useful for overall health.
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This loan is part of Credit Mongol's green loan program, which helps clients to gain access to electricity through solar panel kits, as well as other products for improving their heating and ventilation systems, reducing pollution and health problems caused by burning fuel.
About Credit MongolCredit 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.
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