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:
Each project implementation area and project selection is announced through the media by the project managers.

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

Fees and commissions:
Acceptance fee:     3 percent

Requirements:

• Business plan.
• Recommendation from Alimentary Aid Committee established under the Ministry of Food and Agriculture.