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YOUTH IN BUSINESS LOAN

This financial support is designed for young entrepreneurs under the age of 35 to sustainably grow their businesses. Since 2023, in collaboration with the EBRD, we have successfully implemented program supporting young entrepreneurs in Central Asia, making both financial and non-financial services more accessible.
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YOUTH IN BUSINESS LOAN
Loan amount in MNT

1,000,001₮ – 1,000,000,000₮

 
Term

up to 60 months
Interest Rate

2.9-3.2% per month

29.88% - 38.4% per year
Required Documents
 Bank statement for the last 12 months
 Documentation proving your business
Collateral
 Real estate
 Movable assets (all types of vehicles, valuable mobile phone numbers, etc.)
Fee
 1–0%
Key Benefits of the WIB Loan
Defer principal repayment for up to 12 months
 Grace period of up to 6 months
 Unsecured loans up to MNT 10,000,000
 Access to the “Business Digital Accelerator” program
Opportunities to Grow Your Business Online
3-month access to online marketing training
Access to digital marketing classroom training
 50% discount on paid access to marketing platforms such as Canva and CapCut
 50% discount on creating your own online store on e-commerce websites
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