MongoliaSelenge shuteen LLC
With a loan of EUR 10,500 Tuul is able to purchase new equipment for her television broadcasting company.
€10,500
3.00%
36 meses
6 meses
EUR
Moneda| Importe | €10,500 |
| Interés | 3.00% |
| Vencimiento | 36 meses |
| Reembolsos | 6 meses |
| Moneda | EUR |
El proyecto
Tuul (30) is a young journalist, who owns the only cable television in Selenge province of Mongolia. She started her television broadcasting company in 2015 and as of today, the company has 3 reporters and collaborates with major national broadcasting companies of the country. The company has already established good base of loyal local viewers.
In order to broadcast events live during the Naadam holiday, which is the biggest traditional holiday of the country and celebrated broadly in rural area during summer, she needs to purchase new osmo camera and update quality of the broadcasting resolution to high definition. With MNT 30 million, Tuul will be able to expand her business by purchasing new equipment and hire 2 more staffs.
Selenge province is located in the north part of Mongolia, bordering Russia in the north and bordering capital city-Ulaanbaatar in the south. It is known as the one of the most economically important province of the country, where more and more nomadic citizens are settling into the city.
| Nombre de la empresa | Golomt Bank |
| Director general | Tuul Dorjderem |
| Fundado | 2015-01-01 |
| Ubicación | Selenge province, Mongolia |
| Sector | Agricultura |
| Volumen de negocio | €11,188.81 |
| Empleados | 4 |
Impacto
Small and Medium Enterprises (SMEs) are important contributors to job creation and economic growth in emerging markets. However, access to financing is a key constraint to SME growth, as about half of them don't have access to formal credit. In Mongolia, Golomt Bank serves nearly 80% of the corporate market. They were the first commercial bank in the country to issue small business loans. Golomt Bank accelerated the development of mobile banking in Mongolia by introducing smart banking services in the local financial sector.
Financial support enables Mongolian entrepreneurs to increase their professional activity, resulting in job creation and improved living conditions.
Golomt Bank is a member of the United Nations Environmental Program Finance Initiative (UNEP FI). This partnership helps create a financial sector that serves people and the planet and mobilizes private sector finance for sustainable development. The bank has a "Sustainable Development Policy" in which they implement the SDGs in all its operations. For example, improving their waste management, increasing the number of roads for wheelchair users in their offices, and cooperating with environmentally friendly organizations.
SDGs impacted
With this project you are contributing to the following Sustainable Development Goals:
SDG 1. No Poverty
SDG 8. Decent work and economic growth
Read more about the impact you can make through our platform and the SDGs on our impact page.
- Con esta inversión se crean 2 puestos de trabajo