French Alimentary Aid Fund loan

The purpose of the project loan:
Project implementation areas: The loan program targets rural areas and specific areas of implementation are selected by the Project unit and announced to the public by the media. 

Project implementation area:
The project team will announce the target areas through media from time to time. 

Loan conditions:

Loan amount:         MNT  10,000,000
Interest rate:         0 percent
Term:                      Up to 22 months
Acceptance fee:     3 percent

Additional eligibility criteria for applicants:

• Applicant must present a project proposal that is supported by the French Alimentary Aid Committee of Ministry of Food and Agriculture.