InvesCore NBFI 10
Entrepreneur Davaarjargal is hoping for financing for her shop in Mongolia. With an investment in local partner InvesCore, 10 small and medium-sized business owners like her will secure the necessary working capital to drive their businesses forward. *exchange rate risk EUR/USD*
€100,000
5.50%
24 mėnesių
6 mėnesių
USD
ValiutaSuma | €100,000 |
Palūkanos | 5.50% |
Brandumas | 24 mėnesių |
Grąžinimai | 6 mėnesių |
Valiuta | USD |
Projektas
Please note: 1st principal repayment after 12 months instead of 6 months. However, the interest payments start after 6 months.
In Ulaanbaatar, the capital of Mongolia, Davaarjargal runs her own business. Her shop specializes in naturally produced soaps and bath salts. She sources her raw materials from local nomads, for whom this trade also represents an important source of income. Thanks to a loan from InvesCore, a local microfinance institution, she can purchase more of the necessary materials and expand her business. Small and medium-sized entrepreneurs in Mongolia need working capital for their business to grow. A thriving business means higher income, directly improving the lives of the entrepreneur, her suppliers, and employees. The maturity of business loans from InvesCore vary between 24 and 36 months with a monthly repayment of principal and interest. The monthly interest rate varies between 2.2% and 2.9% in Mongolian tugrik.
What does your investment generate?
For entrepreneurs like Davaarjargal, a business loan makes a significant difference. Check the interest rate and maturity InvesCore offers you as an investor at the top of this page. For more information about possible exchange rate risks, visit our currency page.
The story of InvesCore
InvesCore is Mongolia's largest financial institution. With financing via Lendahand, they provide business loans to their current and new customers. The main customers are small and medium-sized enterprises in the capital Ulaanbaatar, such as Davaarjargal's shop or a bakery, and agricultural businesses or farmers in the countryside. To best support the entrepreneurs, InvesCore also offers business training. InvesCore processes the loan applications of their more than 80,000 customers through their internally developed Loan Origination System (LOS). The LOS automation process collects customer information from government systems, saving customers time in gathering the necessary documents. In 2019, InvesCore held an initial public offering (IPO) relating to 15% of the total shares. Since the IPO, the share price has increased by 145%. For the future, the non-banking financial institution plans an international expansion of their activities in Central Asia and Southeast Asia. In 2021, InvesCore launched a special program that allows low-cost financing for more vulnerable customer profiles. The program is funded by Rio Tinto Mongolia LLC. The target groups are:
- SMEs implementing an environmentally-friendly project
- SMEs run by entrepreneur(s) with disabilities
- SMEs run by women entrepreneur(s)
- SMEs run by single parents
- SMEs conducting import substitution activities
InvesCore in numbers
- Founded in 2016
- Loan portfolio of 74 billion MNT (approx. 60 million USD) (end of 2021)
- 18 branches in Mongolia
- 2 subsidiaries in Kyrgyzstan
- 269 employees
- 40% of their cutsomer portfolio are SME entrepreneurs
- More than 80,000 customers
Mission
InvesCore aims to be the most reliable financial partner for their customers by delivering tailored financial products, quick services, and professionalism.
Vision
Support individuals and small and medium-sized businesses in developing countries worldwide with reliable financing.
Awards
- "Best Investor" 2018-2020 - by the Association of Mongolian NBFI
- "Excellence Service Entrepreneur" 2019 - by Forbes
- "Outstanding NBFI" 2018, 2019 en 2021 - by Mongolian Chamber of Commerce
Įmonės pavadinimas | InvesCore NBFI |
GENERALINIS DIREKTORIUS | Bayasgalan Dalaijamts |
Įkurta | 2016-03-01 |
Vieta | Ulaanbaatar |
Sektorius | Finansinės paslaugos |
Apyvarta | $13,200,000 |
Darbuotojai | 269 |
Kredito balas | A+ |
Poveikis
InvesCore yra mikrofinansų įstaiga Mongolijoje. Šiuo metu jos portfelį sudaro 30 proc. kaimo ir 70 proc. miesto klientų. Ji siekia visiškai skaitmenizuoti vartojimo produktus, kad visą dėmesį sutelktų į verslo paskolas ir taptų labiau orientuota į poveikį. InvesCore sukūrė automatizuotą tradicinių paskolų teikimo procesą, kuris 80 % sumažina rankų darbą, todėl paskolos tvarkomos greičiau ir verslininkams tampa labiau prieinamos.
InvesCore's skaitmeninimo pastangos suteikia daugiau galimybių verslininkams, įskaitant moteris, suteikdamos lengvesnę prieigą prie finansinių paslaugų, skatindamos lyčių lygybę ir remdamos smulkiojo verslo augimą vietos ekonomikoje.
Praėjusiais metais verslo paskolas gavo daugiau nei 1200 MVĮ savininkų, iš kurių daugiau nei 250 buvo moterys verslininkės.
Galimybė gauti finansavimą yra veiksminga kovos su skurdu priemonė. Be verslininko, kuris gauna paskolą, teigiamą finansavimo poveikį jaučia visi, kurie susiję su jo verslu. Kai verslas gali augti, didėja verslumas ir kuriamos darbo vietos. Dėl to mažėja emigracija ir žmonės turi galimybę pagerinti savo gyvenimo sąlygas.
TAP paveikė
Šiuo projektu prisidedate prie šių darnaus vystymosi tikslų įgyvendinimo:
TAP 1 - Nėra skurdo
TAP 8 - deramas darbas ir ekonomikos augimas
Daugiau apie poveikį, kurį galite padaryti naudodamiesi mūsų platforma ir TAP, skaitykite mūsų poveikio puslapyje.
Susiję tinklaraščio įrašai
- Sužinokite daugiau apie InvesCore jų pristatomajame tinklaraščio įraše.
- Norite sužinoti daugiau apie tai, kaip finansinė įtrauktis gali paskatinti verslumą? Skaitykite čia.
- Įdomu, kokių kitų mikrofinansų įstaigų turime savo portfelyje? Peržiūrėkite jas čia.
- Ši investicija 10 sukuriamos darbo vietos.
- Šios investicijos 67 pagerina gyvenimą.