JICA TWO STEP PROJECT LOAN
We provide financing from local and international fundings to ensure to support sustainable business operations and expansion business operations.
Төгрөг
JICA TWO STEP PROJECT LOAN | |
|---|---|
| Loan amount | 800 million MNT |
| Loan interest /It changes every 6 months/ | 7.0% /annual/ |
| Loan term | 3-10 years |
| Service fee /new and increase the loan amount/ | 0.5% |
An enterprise or Company operating on the territory of Mongolia
Private ownership of 51% or more
The number of employees must be up to 200 in the industrial sector and up to 50 in the service sector
Annual sales revenue up to 2.5 billion MNT
Debt ratio should be more than 1.3
Return on investment should be more than 13%
No overdue loan balance
Funding 20% or more of the project's total financing with own funds
Have an environmental impact assessment and have no negative impact on the environment
Must have written a project
Must have been defined as an SME owner
Meeting other requirements set by TDB
The main purposes of the two step project loan are the expansion of existing businesses and the development of new projects by building, purchasing, and renovating an industrial and service purpose property and buying equipments, furnitures, and tools.