Gobi Oyu DSF signed an Agreement with Khan Bank to deploy its ‘Next generation fund’ funding as saving and micro loan source.
DSF deployed MNT 200,498,000 in Khan Bank as saving.
Saving term is for 10 years and following are the condition of saving account. After 10 years, DSF will invest in major projects that are implemented in Umnugobi aimag.
|
№ |
Saving amount |
Interest |
Term |
|
1 |
MNT 200,498,000 |
16% |
10 years |
- 200,498,000 will be deployed as micro loan source and Khan Bank will give out micro loans to Umnugobi aimag community and the following are the condition of micro loan program.
|
№ |
Micro loan amount |
Interest |
Term |
|
1 |
Up to MNT 30,000,000 |
12% /1% per month/ |
Up to 60 months |