Micro-loans for herders, approved in minutes
Herder families often can't get bank loans without collateral, so they turn to informal lenders with brutal rates.
Herder families and rural small businesses.
Bichil uses livestock records and seasonal income patterns to offer fair micro-loans to herder families that banks usually turn away. Apply from your phone, get a decision in minutes and repay after the cashmere season.
The makers are asking · Looking for collaborators
“We're looking to partner with soum governments and cooperatives.”
Ariunaa M.
Fintech that starts from how herders actually earn. Featured in the Unread newsletter, with a founder interview to follow.
No updates yet. Save this product to follow along after launch week.
Pinned · Maker's introduction
We studied 3,000 herder households and found their income is predictable. It just follows the seasons. So do Bichil's loans.
A home-screen widget would make this perfect.
It's on the roadmap. Thanks for the nudge!
Монгол хэлний дэмжлэг нь үнэхээр сайн байна.
Эхний алхам жаахан ойлгомжгүй байсан, гэхдээ дараа нь их амар.
Туршаад үзлээ, их эвтэйхэн байна.
Монголд ийм бүтээгдэхүүн гарч байгаад баяртай байна.
Бүртгүүлэхэд утасны дугаар эхэндээ алдаа заасан, дахин оролдоход болсон.
Санал болгосонд баярлалаа, жагсаалтдаа нэмлээ.
The design is gorgeous. Who did your branding?
Үнэ нь ямар байх вэ? Үнэгүй хувилбар бий юу?
Багийнхандаа хуваалцлаа. Амжилт!
Хүлээж байсан юм аа! Санал өглөө 🙌
This is exactly what Ulaanbaatar needs right now.