Mrs. Oyuntungalag, 36 is a hairdresser. She has been working as a hairdresser for many years. She lives with her son in a rental apartment in Ulaanbaatar, the capital city of Mongolia.
Lately her apartment has become very uncomfortable and cold to live. Because all the window insulation have removed and there is too much heat-loss during the winter time. Therefore she needs to make adjustment and insulation to the windows of her home immediately. The loan she is taking will be dedicated to purchase the building materials to make the windows insulation.
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.