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Mongolia: Micro, Small, and Medium-Sized Enterprises Financing Project

Nonsovereign (Private) Project | 53090-001 Status: Approved

A proposed loan of up to $60,000,000 (or its equivalent in togrog), comprising (i) a senior unsecured A loan of up to $30,000,000 (or its equivalent in togrog), and (ii) a senior unsecured B loan of up to $30,000,000 for the Micro, Small, and Medium-Sized Enterprises Financing Project in Mongolia

Project Details

Project Officer
Huang, Biao Request for information
Country
  • Mongolia
Sector
  • Finance
 
Project Name Micro, Small, and Medium-Sized Enterprises Financing Project
Project Number 53090-001
Borrower/Company XACBANK LLC
Country Mongolia
Location Nation-wide
Type or Modality of Assistance
Loan Ordinary capital resources USD 30.00 million Proposed
Strategic Agendas Inclusive economic growth
Drivers of Change Private sector development
Sector / Subsector

Finance / Small and medium enterprise finance and leasing

Gender Equity and Mainstreaming Gender equity
Responsible ADB Department
Responsible ADB Division
Responsible ADB Officer Huang, Biao
Project Sponsor(s)
Description A proposed loan of up to $60,000,000 (or its equivalent in togrog), comprising (i) a senior unsecured A loan of up to $30,000,000 (or its equivalent in togrog), and (ii) a senior unsecured B loan of up to $30,000,000 for the Micro, Small, and Medium-Sized Enterprises Financing Project in Mongolia
Objectives and Scope
Linkage to Country/Regional Strategy
Safeguard Categories
Environment FI-C
Involuntary Resettlement FI-C
Indigenous Peoples FI-C
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
Timetable for assistance design, processing and implementation
Concept Clearance 26 Mar 2019
Credit Committee Meeting 19 Aug 2019
Approval 09 Oct 2019
Last PDS Update 09 Oct 2019

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Safeguard Documents See also: Safeguards

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None currently available.

Evaluation Documents See also: Independent Evaluation

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Related Publications

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