Mrs. Altantsetseg, 47 years old, lives with her two children and father in Ulaanbaatar, the capital city of Mongolia. She has been working as an inspector at the tax authority since 2002. Her two children go to school. Her father has retired from work and receives a state pension. Her husband passed away long ago. She is requesting a loan of 3000 USD to pay her son's tuition fee. Her son studies at Russian Mongolian Joint High School, and she thinks a good education can open many opportunities for her son.
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.