Original disclosure @ EBRD website
Updated in EWS Jan 15, 2023
Disclosed by Bank Nov 18, 2022
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According to the Bank’s website, the project consists of the provision of a senior loan of up to US$ 0.5 million (in MNT equivalent) to VisionFund NBFI LLC in Mongolia under the EBRD's Local Currency Programme. The loan will be provided in two equal tranches as part of the Central Asian Women in Business Programme (CA WiB) for on-lending to women-led micro, small and medium-sized enterprises.
The project objective is to promote and support women entrepreneurship in Mongolia and, more broadly, women's participation in business by assisting women-led micro, small and medium-sized enterprises (MSMEs) to access finance, know-how and advice, including in the country's regions. The financing gap is a major obstacle in enabling the transition of women-led MSMEs.
COMPANY CONTACT INFORMATION
CEO Ms Nurhayrah Sadava
403, Somang Plaza, 13th Khoroolol, 15th Khoroo, Bayanzurkh District, Ulaanbaatar, Mongolia
ACCESS TO INFORMATION
You can request information by emailing: firstname.lastname@example.org 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: email@example.com 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