Microfinance Development Fund loan

Purpose of the Project loan:
With view to providing residents of remote regions an access to banking services, Khan bank is offering the project loan to rural disadvantaged and vulnerable groups, low-income individuals and micro business owners as part of the “Sustainable Livelihood Project” in conjunction with Micro Finance Development Fund. 

Project implementation area:
Khuvsgul, Govi-Altai, Dundgovi, Dornod, Sukhbaatar, Arkhangai, Tuv, Uvs, Darkhan-Uul, Uvurkhangai, Govisumber, Bagakhangai district

Purpose of the Project loan:

Amount:            MNT 50,000- MNT 15,000,000
Interest rate:    2.9-2.3% per month       
Tenor:               up to 24 months