Financial Sector | Stories 2015

Mongolia

Helping micro businesses with local currency lending

Gulmaira Akim owns one of the thousands of micro businesses in Mongolia that can improve their companies at zero foreign exchange risks with a loan in tugrik, the Mongolian currency.

This EBRD Local Currency Programme in the Early Transition Countries (ETCs) is supported by the Swiss State Secretariat for Economic Affairs SECO, the US Treasury and the donors of the ETC Fund.