Enterprise Mongolia -2 project 

Under the “Grant Agreement” signed with United Nations Development Program /UNDP/, Khan bank has launched a loan guarantee program targeting micro and small producers in Selenge, Khentii, Khovd, Zavkhan, Uvurkhangai, Uvs, Dornogobi an Bulgan aimags. The loan is available to businesses and individuals supported by “Enterprise Mongolia-2” project established under the auspices of UNDP. The purpose of the loan is to finance equipment and working capital requirements.

Loan terms
Loan amount: up to MNT 20,000,000
Interest rate: 1.2-1.3% per month
Term: 3-24 months

Requirements:

• A reference letter from the Project Management Unit confirming the applicant’s involvement in the project
• Business plan for the project requiring loan financing