Battulga

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Mongolie

Battulga

Golomt Bank

Investir dans la microfinance

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With a loan of EUR 16,950 Battulga will be able to build a summer greenhouse and install a drip irrigation system at the plant area.

€16 950

Montant

3,00%

Intérêt

48 mois

Maturité

6 mois

Remboursements

EUR

Devise

Montant	€16 950
Intérêt	3,00%
Maturité	48 mois
Remboursements	6 mois
Devise	EUR

100%

Entièrement financé en 2 jours sur 26 Mai 2019.

Le projet

In 2010, Battulga has begun his entrepreneurship by planting fruit trees in Uvs province of Mongolia. Later in 2015, he has expanded the planting capacity and added new sorts of trees including seabuckthorn, billberry, cranberry and blackberry. He also produces condensed juices and fruit jams, and sells them at the local markets. Currently, there are 4 employees working at his plant area.

In 2018, Battulga broadened his business by building a greenhouse farm in Tuv aimag province, near Ulaanbaatar city. He plants fine vegetables such as cucumber, basil, lettuce etc. and sells it at the public markets of the city. During the past year, the local demand of organic fruits and vegetables was siginificantly high. Thus, Battulga plans to build an additional summer greenhouse and to expand the outside planting area in order to meet the local demand of organic and healthy foods.

With a loan amount of MNT 49.9 million, he will be able to build a summer greenhouse and install a drip irrigation system at the plant area. With this loan, he will hire 6 more employees to help his business.

Nom de l’entreprise	Golomt Bank
PDG	Battulga Demberel
Création	2010-04-18
Lieu	Bayankhangai, Tuv province
Secteur	Agriculture
Chiffre d'affaires	€59 348,75
Employés	4

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.