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Mongolia: helping micro businesses with local currency lending

By Lucia Sconosciuto

Gulmaira Akim is the owner of one of the thousands of micro business in Mongolia that can improve their companies at zero FX risks with a loan in Tughrik, the Mongolian currency.
This EBRD Local Currency Programme in the Early Transition Countries (ETCs)  is supported by the Swiss State Secretariat for Economic Affairs SECO, the US Treasury and the donors of the ETC Fund.

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