GSB Capital is a non-banking financial institution established in Mongolia in 2010. It provides loans through conventional methods and an online platform. The institution offers trust services, investment guidance, and online financial transactions, all conducted under the supervision of the Financial Regulatory Commission of Mongolia. GSB Capital is committed to enhancing its operations while fostering sustainable growth within the community. It prioritises delivering accessible and secure financial services to its customers.
The spectrum of its loan services is broad and designed to accommodate small business entrepreneurs. GSB Capital is a solid financial pillar in Mongolia, dedicated to the financial well-being of entrepreneurs and contributing to the country's economic progress.
General information
Borrower | GSB Capital NBFI LLC |
Country | Mongolia |
Head office | Ulaanbaatar |
Website | https://gsbcapital.mn/ |
Founded | 5 October 2010 |
Active on Lendahand since | 1 December 2023 |
Credit Score | A |
Financial information per 2023-06-30
Portfolio Overview | €38,168,135 |
Leverage ratio | 63.00% |
Write-off ratio last 12 months | 0.00% |
% investment amount in arrears (>90 days) | 3.36% |
About Mongolia
Mongolia is the world's biggest landlocked country without a closed sea, and the majority of its territory is covered by grassland steppe, with mountains to the north and west and the Gobi Desert to the south. With approximately 3.5 million people, the capital city of Ulaanbaatar is home to half of the population. Mongolia's economy has historically been built on agriculture and cattle. Mongolia also has abundant mineral reserves, with copper, coal, molybdenum, tin, tungsten, and gold accounting for a sizable portion of industrial output.
Last funded project
GSB Capital 10
Invest in GSB Capital, a microfinance institution in Mongolia. Support small business owners like Tolga, who runs a factory producing building materials and marble paint. Earn a 10% return with a 24-month loan at an annual interest rate of 8%.