KhanLex advised European Bank for Reconstruction and Development on its loan to VisionFund Mongolia NBFI LLC.
The loan funds will support Mongolian micro businesses owned by women, following the accord between the two financial institutions under the EBRD’s Central Asian Women in Business (WiB) programme.
VisionFund Mongolia (VFMN) is a subsidiary of the VisionFund International microfinance network. It is a microfinance institution working with low income clients living in vulnerable and rural communities of Mongolia by offering financial and livelihood solutions. The KhanLex team who worked on this transaction consisted of Enkhbat Batsukh and Taivan Adiya.