Home News MNT 7.4 billion loans to be disbursed for 37 SME projects MNT 7.4 billion loans to be disbursed for 37 SME projects On April 25, “Meeting of project selection committee” was held to disburse concessionary loans from Small and Medium Enterprises Development Fund. A total of 247 projects of MNT 46 billion have been submitted from Ulaanbaatar city to receive the loan which is in accordance with "Procedures for granting concessionary loans, selection, lending, repayment and monitoring from the Small and Medium Enterprises Development Fund" approved by Government Resolution No.113 of 2020, Order No. A/28 of the Minister of Food, Agriculture and Light Industry dated January 15, 2024. In the last stage of the selection, 46 enterprises with requests of MNT 9.5 billion loan presented their projects. According to the decision of the meeting of the project selection committee, MNT 7.4 billion loans will be granted to 37 projects in the following sectors, according to the Department of Small and Medium Enterprises. It includes: Production of leather products Production of cosmetics Production of pastry Meat and by-products processing Production of wooden products Sewing and knitting products factory Processing of dairy products Waste recycling Greenhouse farming Food cellar and storage Food containers and packaging Production of baby food Fresh water production