Agricultural and Rural Development phase 2 step loan project with ADB fund

Investment loan designed to process agricultural raw materials from Mongolia, improve the value-added chain, and enhance production and productivity.
Max Limit
500 million - 10 biliion MNT
  • Agricultural and Rural Development phase 2 step loan project with ADB fund
    Loan amount 500 million – 10 biliion MNT
    Interest rate /yearly/ 9.00%
    Loan disbursement currency MNT
    Loan term Up to 84 months
    Commission fee 0.50% (applicable to loans with a maturity of up to 12 months)
    1.00% (applicable to loans with a maturity of 12 months or more)
    Payment for amending the loan agreement 0.30% (Will be deducted once from the loan balance)
    Application fee 10,000 MNT
    Grace period Up to 36 months
    • Be a Mongolian citizen or an entity registered in Mongolia that runs business operation in the territory of Mongolia
    • For foreign-invested entities, the Mongolian side’s equity ownership shall be no less than 50%
    • Been stably running the business in the last 24 months and continue to pursue it
    • A net profit margin of over 2.5% based on financial statements for the past 36 months
    • Others
    • Loan form
    • Certificate of state registration of the organization, Articles of Association, and introduction
    • Operation license
    • Board of directors’ approval of the loan, minutes of the shareholders’ meeting
    • Original ID card of the authorized official, or if it is not possible to bring the original, a notarized copy, and a photo of the last 6 months
    • Collateral documents
    • Audit and tax reports and other income and expense documents
    • Documents confirming the purpose of the loan and related agreements
    • Other

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