Transcapital NBFI has signed its second financing agreement with the European Bank for Reconstruction and Development (EBRD) under the Youth in Business Programme in Central Asia (YiB CA).

Transcapital NBFI has signed its second financing agreement with the European Bank for Reconstruction and Development (EBRD) under the Youth in Business Programme in Central Asia (YiB CA). As a result, a total of US$5.5 million (in MNT equivalent) is being allocated to finance young entrepreneurs under the age of 35.
This collaboration will provide a range of non-financial services to support the growth of young entrepreneurs while enhancing their skills and knowledge. Additionally, it will help them overcome challenges such as insufficient collateral, limited credit history, and lack of business experience.

With you for happiness

For more information about the programme: https://www.ebrd.com/news/2023/ebrd-provides-footing-for-youthled-businesses-in-central-asia.html

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