As stated by the EBRD, the project consists in the provision of a senior loan of up to US$ 2,8 million (in MNT equivalent) under the EBRD's Local Currency Programme. The loan will be provided in two tranches to Transcapital NBFI LLC Mongolia within the Central Asian Women in Business Programme for on-lending to women-led micro, small and medium-sized enterprises.
From the EBRD's website:
Established in 2001, TCMN is one of the largest non-bank financial institutions in the country and has the highest MSE lending share among its peers in a fragmented market, where non-bank FIs account for a market share of around 5 per cent. The company provides loans to MSMEs, households and individuals in the Ulaanbaatar area (19 branches) and 15 rural provinces of the country (16 branches). TCMN has been the Bank's client since 2013.
Financial Intermediary - Transcapital NBFI LLC Mongolia:
Mr B. Yesugen
Address: Transcapital Building, Partisan's Street, Sukhbaatar District, 4th khoroo, Ulaanbaatar 14250, Mongolia
ACCESS TO INFORMATION
You can request information by emailing: email@example.com or by using this electronic form: https://www.ebrd.com/eform/information-request
ACCOUNTABILITY MECHANISM OF EBRD
The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.
You can contact the PCM at: firstname.lastname@example.org or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en
You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html