Bayarsaikhan

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Mongolie

Bayarsaikhan

Golomt Bank

Investir dans la microfinance

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With an amount of EUR 33,150 Bayarsaikhan will be able to buy the needed inventory for his shop and hire 2 more sales assistants.

€33 150

Montant

3,00%

Intérêt

48 mois

Maturité

6 mois

Remboursements

EUR

Devise

Montant	€33 150
Intérêt	3,00%
Maturité	48 mois
Remboursements	6 mois
Devise	EUR

100%

Entièrement financé en 13 jours sur 24 Avril 2019.

Le projet

Bayarsaikhan (56), is a local entrepreneur who has established his business in 2010. He began his business by opening an internet café at one of the “ger” district area, Bayankhoshuu. The internet café has become very popular among the local residents, as they have limited internet access at their homes. Later in 2017, Bayarsaikhan expanded his business by opening a new convenience shop next his internet café. Now, he has 2 employees at the internet café and 1 employee at the newly opened shop.

Bayarsaikhan operates his business in Bayankhoshuu “ger” district which is located in the north area of Ulaanbaatar city. The local residents are not easily accessible to the big markets and shops because these places are mostly located at the center of the city. Therefore, Bayarsaikhan aspires to purchase variety of consumer goods to provide with the demanded products of local residents.

Nom de l’entreprise	Golomt Bank
PDG	Bayarsaikhan Yandaakhuu
Création	2010-03-27
Lieu	Ulaanbaatar
Secteur	Commerce de gros / Commerce de détail
Chiffre d'affaires	€72 466,81
Employés	3

Impact

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.