SME Development Fund Now Accepting Soft Loan Applications

Ulaanbaatar, April 14, 2025 /MONTSAME/. The Small and Medium-Sized Enterprise Development Fund of Mongolia is now accepting applications for its 2025 soft loans.

According to the Regulation on “Granting Soft Loans, Selection, Loan Transfer, Repayment, and Monitoring by the Small and Medium-Sized Enterprise Development Fund” approved by a Government Resolution, applications for loans will be open for one month starting on April 14, 2025.

The soft loan has an interest rate of 5 percent per annum and a maturity rate of up to five years, with the possibility of spending 40 percent of the primary investment as assets. These loans will be granted to manufacturing and service enterprises that have moved from urban to rural areas, employed workers who have transferred to rural areas, produce goods that replace imported goods, export-oriented clusters, and also enterprises that produce enriched, organic, and innovative products.

The Small and Medium-Sized Enterprise Agency of Mongolia announced that enterprises that are part of the raw materials in the food supply chain, mining products procurement, introduce comfortable road-side services, and operate under the “White Gold” National Movement, “Atar-4” Sustainable Agriculture Campaign, and the “New Cooperative” Movement are eligible to apply.

Applications will be received based on the terms and conditions of the soft loans, sector, and area of operations, at the Food and Agriculture Departments of Darkhan, Selenge, and Tuv aimags. Loans will be accepted based on close examination by a selection sub-committee. Applications can be digitally submitted at www.sme.gov.mn.