Batbayar is 33 years old, married and lives with his wife, son and daughter in outer ger district of the Ulaanbaatar city, Mongolia. The place where he lives lacks basic infrastructure. Since 1995, he has been operating a carpentry business with his father. Now his wife helps him in his work.
He makes earrings, bracelets, necklaces and other accessories with silver, gold and other metals.
Transcapital is one of the leading non-bank financial institutions (NBFI) in Mongolia. Through 12 branches, it serves mainly urban and semi-urban microfinance clients, including a growing number of migrants in the capital city of Ulaanbaatar. Of its clients, almost 68% are women and 60% live in ger districts, settlements made up of houses and traditional Mongolian felt tents that lack basic infrastructure.