Categories
Loan for Women-owned Micro Businesses

Terms and Conditions

Terms and Conditions Loan for Women-owned Micro Businesses
Loan amount MNT 30 million /maximum loan amount to 60% of average sales revenue for 6 months/
Loan term Up to 12 months
Interest rate /monthly/ 1.60%-1.80%
Interest rate /annual/ 19.20%-21.60%
Loan application fee MNT 0
Commitment fee /annual/ 2.8%

* Effective percentage rate /annual/: 19.81%-21.61%