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Microfinance in Mongolia: Country Profile

Loans: 914.7 million (USD, 2010)

Active borrowers: 390,091 (2010)

Deposits
Total value of all deposit accounts
Deposits: 1.2 billion (USD, 2010)

Depositors: 1.8 million (2010)

Cross Market Analysis
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MFIs (7)

Name	Date	Diamonds	Gross Loan Portfolio Gross Loan Portfolio Gross Loan Portfolio	Number of active borrowers Number of active borrowers Number of borrowers with loans outstanding
Credit Mongol	2011-06-30	5	8,847,442	—
Hugjil badrakh	2007	3	85,057	243
Khan Bank	2011-09-30	5	—	327,382
Nomin Union	2011	2	9,692,781	147
TFS	2010	4	2,235,249	2,286
VFM	2008	5	2,217,446	4,808
XacBank	2011-09-30	5	408,883,979	—

Funders

Funders (11)

Name	Website	# of Related MFIs	Related MFIs
Dual Return Fund	www.visionmicrofinance.com	1	XacBank
IFC	www.ifc.org/...	2	Khan Bank XacBank
Incofin - Impulse	www.incofin.be	1	XacBank
MicroVest I	www.microvestfund.com	1	XacBank
Oikocredit	www.oikocredit.org	2	Credit Mongol XacBank
responsAbility Global Microfinance Fund	www.responsAbility.com	1	Khan Bank
ShoreCap Intl.	www.shorecap.net	1	XacBank
Triodos Fair Share Fund	www.triodos.com/...	1	XacBank
Triodos Microfinance Fund	www.triodos.com/...	1	XacBank
Triodos-Doen Foundation	www.triodos.com/...	1	XacBank
Vision Fund	www.visionfundinternational.org	1	VFM

Networks

Networks (5)

Name	Website	Headquarter Country	# of Related MFIs	Related MFIs
Mercy Corps	www.mercycorps.org	United States	2	TFS XacBank
MFC	www.mfc.org.pl	Poland	1	XacBank
Mongolian Microfinance Association	www.bbsb.mn	Mongolia	2	TFS VFM
Vision Fund	www.visionfundinternational.org	United States	1	VFM
WWB	www.swwb.org	United States	1	XacBank

Service Providers

Service Providers (3)

Name	Website	Institution Type	# of Related MFIs	Related MFIs
Kiva	www.kiva.org	Peer-to-peer Lender	3	Credit Mongol TFS XacBank
Planet Rating	www.planetrating.com	Rater	1	VFM
PlaNIS	www.planis.org	Fund Manager	1	Khan Bank

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Legal Information

Regulator:

Bank of Mongolia

Laws & Regulations for Microfinance:

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