ACTIVITY TITLE
DFF- Sain International
Reported by
ACTIVITY SCOPE COLLABORATION TYPE AID TYPE FINANCE TYPE FLOW TYPE TIED STATUS HIERARCHY
National 4 Multilateral outflows 4
Project-type interventions C01
Untied 1
Planned start date 2022-04-14
Planned end date 2029-02-28
Actual start date 2022-04-14
activity status: Implementation
The activity is currently being implemented
WHO'S INVOLVED ( 2 )
PARTICIPATING ORG REFERENCE ROLE TYPE
European Bank for Reconstruction and Development
Funding Multilateral
SAIN INTERNATIONAL LLC
Implementing Private Sector
General
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.
recipient country ( 1 )
MongoliaMN
100
LOCATION ( 1 )
NAME DESCRIPTION POSITION CLASS REACH EXACTNESS
ULAANBAATAR
ID 2028462 (Geonames)
47.90771 106.88324 Administrative Region Approximate
country budget items ( 1 )
IATI Withdrawn ( 1 )
The budget identifier reported uses IATI budget identifier categories
7.1.1
100
sector ( 1 )
OECD DAC CRS 5 digit1( 1 )
The sector reported corresponds to an OECD DAC CRS 5-digit purpose code http://reference.iatistandard.org/codelists/Sector/
Sectors not specified99810
100
GLOSSARY
Sectors not specifiedContributions to general development of the recipient should be included under programme assistance (51010).
Financial Overview
Outgoing Commitment ( 1 )
Outgoing Commitment
Transactions ( 1 )
Outgoing Commitment ( 1 )
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FINANCE Investment-related loan to developing countries Withdrawn 411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
Outgoing Commitment
General Enquiries
European Bank for Reconstruction and Development
+44 20 7338 7380
5 Bank Street, London E14 4BG
conditions( 1 )
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