ACTIVITY SCOPE | COLLABORATION TYPE | AID TYPE | FINANCE TYPE | FLOW TYPE | TIED STATUS | HIERARCHY |
---|---|---|---|---|---|---|
National 4 | Multilateral outflows 4 |
Project-type interventions C01
|
Untied | 1 |
PARTICIPATING ORG | REFERENCE | ROLE | TYPE |
---|---|---|---|
European Bank for Reconstruction and Development
|
REF XI-IATI-EBRD
|
Funding | Multilateral |
SAIN INTERNATIONAL LLC
|
Implementing | Private Sector |
NAME | DESCRIPTION | POSITION | CLASS | REACH | EXACTNESS |
---|---|---|---|---|---|
ULAANBAATAR
ID 2028462 (Geonames)
|
47.90771 106.88324 | Administrative Region | Approximate |
DATE | DESCRIPTION | PROVIDER | RECEIVER | VALUE |
---|---|---|---|---|
2022-04-14 |
FLOW Other flows
50
FINANCE Investment-related loan to developing countries Withdrawn
411
|
SAIN INTERNATIONAL LLC |
1,900,050 EUR |
NARRATIVE | TYPE | DESCRIPTION |
---|---|---|
The provision of a senior loan of up to MNT 8.0 billion (€ 2.4m) to Sain International one of the leading distributors and retailers of consumer electronic devices and home appliances in Mongolia. The funds will help Sain International: (i) launch new branches in key commercial locations of Ulaanbaatar, Darkhan and Erdenet cities' as well as (ii) finance its working capital needs. New branches will allow the company to showcase its products and services in better quality retail space and to attract new customers. For more details, please refer to the project summary document at https://www.ebrd.com/view/psd/53139
|
Performance | The condition attached requires certain outputs or outcomes to be achieved by the recipient |