Transcapital NBFI has signed the second-phase financing agreement of the European Bank for Reconstruction and Development’s (EBRD) “Youth in Business – Central Asia” (YiB CA) Program, securing funding equivalent to USD 5.5 million aimed at supporting young entrepreneurs under the age of 35.

This collaboration will provide young entrepreneurs with a variety of non-financial services designed to support business growth, enhance entrepreneurial skills, and build know-how. The Youth in Business Loan will help overcome common challenges such as limited collateral, lack of credit history, and insufficient business experience.

Through this agreement, Transcapital is excited to expand the YiB program in Mongolia, reaching more young entrepreneurs and helping them grow their businesses and improve their professional capabilities.

For more information:

Facebook: www.facebook.com/transcapital.official
Website: www.transcapital.mn
Contact: 1800-1600 (standard call rates apply)

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