GSB Capital 3

With your investment, you help GSB Capital disburse loans to 23 Mongolian entrepreneurs. About 30% of their borrowers are female, just like Ms. Enkhtsetseg. With financial support from GSB Capital, she expanded her eco-friendly furniture business, creating 18 local jobs.

funding gap emerging markets
GSB Capital
Įmonė
Mongolija
Šalis

Projektas

Q: What does the higher interest rate of this project mean?
A: The project is part of a pilot program where we experiment with the conditions of projects. The higher interest rate is not due to a change in the credit rating, which remains an A. The increase in interest is not paid by the financial institution or the entrepreneur.

 

Ms. Enkhtsetseg’s store grew from one to seven branches and from five to eighteen employees with GSB Capital's financial support. This allowed her to enhance her eco-friendly furniture offerings and offer services like free 3D design consultations. Looking to the future, Ms. Enkhtsetseg is committed to further growth and empowering women by creating employment opportunities, aligning with her vision of sustainable and inclusive business practices.

For SMEs like the one from Ms. Enkhtsetseg, GSB Capital offers a wide range of financial solutions, such as an eco-furniture loan. This is a loan specifically intended to purchase or produce eco-friendly furniture and promote sustainable consumption and production. 

Operating from its main office in Ulaanbaatar and a branch in Uvurkhangai province, GSB Capital delivers its services both traditionally and online. GSB Capital is regulated by the Mongolian Financial Regulatory Commission. The institution provides reliable financial services and supports sustainable development. This contributes to the growth of businesses and the welfare of the wider community.

 

What social return could your investment generate?

In Mongolia, SMEs struggle financially due to strict bank requirements and a lack of government support, while over 200,000 households contribute to severe air pollution through coal usage. 80% of Ulaanbaatar's air pollution is attributed to households burning coal for heating, as highlighted in a 2019 Asian Development Bank study.

GSB Capital addresses these issues with express business loans, offering quick financing solutions for underserved SME entrepreneurs and a green loan program that provides eco-friendly heating alternatives to combat coal dependency. These initiatives not only spur economic growth but also address environmental concerns.

 

What financial return could your investment generate? 

  • Annual interest rate of 8%. 
  • The maturity of the loan is 24 months. 
  • Your investment will be repaid in equal instalments, including the interest, every six months.
  • With an investment of 1,000 euros, your expected total repayment would be 1,100 euros.

 

The story of GSB Capital

Established in 2010, GSB Capital operates as a non-banking financial institution in Mongolia, providing loans through both conventional methods and an online platform. The institution offers trust services, investment guidance, and online financial transactions, all conducted under the supervision of the Financial Regulatory Commission of Mongolia. GSB Capital is committed to enhancing its operations while fostering sustainable growth within the community. It prioritises delivering accessible and secure financial services to its customers. 

The spectrum of its loan services is broad and designed to accommodate small business entrepreneurs. GSB Capital is a strong financial pillar in Mongolia, dedicated to the financial well-being of entrepreneurs and contributing to the country's economic progress.

 

GSB Capital in numbers

  • Founded in 2010 
  • 103 employees
  • GSB Capital is 100% owned by Shunkhlai Holding LLC
  • 99% of their activities take place in the capital Ulaanbaatar

 

GSB Capital

GENERALINIS DIREKTORIUS
Chinbat Choijamts
Įkurta
2010-10-05
Vieta
Ulaanbataar
Sektorius
Finansinės paslaugos
Apyvarta
€6,270,550
Darbuotojai
103
€150,000iškelta
Visiškai finansuojama per 4 dienų svetainėje 25 Kovas 2024.
426investuotojai
Investuoti į mikrofinansus
€150,000
tikslinė
8.0
%
Palūkanos
24
mėnesių
Brandumas
6
mėnesių
Grąžinimai
A
B
C
D
E
Kredito balas

Poveikis

23
Pagerėjo gyvenimas

Mongolijoje mažosios ir vidutinės įmonės susiduria su dideliais sunkumais dėl griežtų bankų reikalavimų ir didesnės vyriausybės paramos poreikio. Dėl to verslininkams sunku augti ir kurti darbo vietas. Kartu šalis kovoja su didele oro tarša, ypač Ulan Batore, kur daugiau kaip 200 000 namų ūkių, norėdami apšildyti namus, degina anglis. Remiantis 2019 m. Azijos plėtros banko atliktu tyrimu, apie 80 % oro taršos sostinėje susidaro dėl šios praktikos.

GSB Capital sprendžia šias problemas kompleksiškai. Viena vertus, ji siūlo greitas verslo paskolas nepakankamai aptarnaujamiems mažųjų ir vidutinių įmonių verslininkams, suteikdama jiems galimybę augti ir prisidėti prie vietos ekonomikos. Kita vertus, GSB Capital investuoja į žaliųjų paskolų programą, kuria skatinamos aplinkai draugiškos šildymo alternatyvos, mažinama priklausomybė nuo anglies ir gerinama oro kokybė. Šios iniciatyvos ne tik skatina ekonomikos augimą, bet ir reikšmingai prisideda prie švaresnės aplinkos.

TAP paveikė

Šiuo projektu prisidedate prie šių TAP. Daugiau apie poveikį, kurį galite padaryti naudodamiesi mūsų platforma ir TAP, skaitykite mūsų poveikio puslapyje.

  • TAP 1 - Nėra skurdo
  • TAP 8 - deramas darbas ir ekonomikos augimas

Susiję tinklaraščio įrašai

  • Neseniai aplankėme kelis Mongolijos smulkiojo ir vidutinio verslo verslininkus. Kelionės dienoraštį skaitykite čia.