BID Financial Group Secures ₮8.99 Billion in Impact Financing

BID NBFI has successfully secured ₮8.99 billion (US$2.5 million equivalent) in local-currency financing through Agents for Impact, a Germany-based impact investment and financial services firm.

The financing is expected to support micro, small and medium-sized businesses (MSMEs) by expanding access to finance and providing funding for business growth and new investment opportunities.

Established in 2004, BID NBFI has focused on increasing financial inclusion by serving low- and middle-income self-employed individuals, household businesses, and micro, small and medium-sized enterprises that have limited access to formal financial services.

Deal highlights:

• Financing: ₮8.99 billion / US$2.5 million equivalent
• Financing partner: Agents for Impact, Germany
• Target segment: Micro, small and medium-sized businesses
• Focus: Financial inclusion, business expansion and sustainable impact

The transaction highlights the growing role of international impact-focused capital in Mongolia’s non-bank financial sector, particularly in expanding financing to underserved MSMEs.