Mr. Dashpiljee, 44 years old, lives with his wife and three daughters in Darkhan, the second largest city of Mongolia. He has been working at a steel factory since 2000 and before this job, he was a cook at a restaurant. His wife is unemployed and stays at home looking after their youngest daughter. Their eldest daughter just graduated from her university and got an invitation from a Japanese university for further study. So he is requesting a loan of 4,000,000 MNT to pay for his daughter's accommodation fees and other expenses. As a result, his eldest daughter can study without worry and come back with a valuable education.
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.