Mission:
To contribute to development of local economy and to livelihood of local population through locally-owned professional financial company that provides various financial services to local population
Background and Main Challenges: 
Hugjil Badrakh is the first NBFI that is established and owned by local residents in Mongolia. More than 30 local people have invested into the company. Its loan portfolio quality is high with 0% delinquency.
Address: 
Ulaanbaatar
Mongolia
Phone: 
976-11-312840
Email: 
yeruugerel_n [at] achidfinance [dot] org
Main Funding Sources: 
Loans
Shareholder Capital
Products and Services: 
Loans
Training and Consulting
Looking for (Investment Types): 
Loans in Local Currency
Guarantees
Capacity Building Grants
Equity investments
Loans in US$
Date established: 
Jan 1 2005
FYE: 
31-Dec
Current Legal Status: 
NBFI
Regulated: 
yes

At a glance

  • Assets
  • Gross Loan Portfolio
  • Equity

Contacts

  • Doljinmaa Dorjpurev
    CEO
    doljinmaa_d [at] achidfinance [dot] org
    976-99113775