Washington D.C., June 10, 2021 - Transcapital joins the SME Finance Forum as the newest member of our global membership network. Our members are SME Financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation.
“40 percent of small and medium businesses worldwide struggle to get access to the credit and capital that they need to grow their enterprises. We are delighted to welcome Transcapital to our network of over 220 member institutions who are working to eliminate the finance gap for SMEs,” said Matthew Gamser, CEO of the SME Finance Forum.
To satisfy the financial needs of its customers, Transcapital is diligently offering multiple loan products, including micro, small and medium enterprise loans, micro-housing loans, and consumption loans. While supporting operations of small business owners and providing flexible terms, Transcapital also endeavors to expand environment-friendly and energy-efficient solutions by promoting green loans.
“Our mission is to be a comprehensive financial service provider to protect and accumulate the wealth of customers, including economically disadvantaged people, with professionalism, efficiency, and reliability. We believe that connecting with industry leaders through our membership of SME Finance Forum will further optimize our services,” said Altanzul Zorigt, CEO of Transcapital.
About SME Finance Forum
The SME Finance Forum was established by the G20 Global Partnership for Financial Inclusion (GPFI) in 2012 as a knowledge center for data, research, and best practice in promoting SME finance. As an implementing partner for the GPFI, the International Finance Corporation (IFC) was tasked with managing the initiative.
To see all SME Finance Forum members, please visit:
Transcapital, the largest non-bank financial institution in Mongolia with 35 branches located around the country, has provided microfinance services since 2001. Through strong local and international partnerships, the company has focused on the development of MSMEs in semi-urban and rural locations, helping them create jobs and new opportunities in their businesses and livelihoods. Transcapital offers not only financial access to its clients but also supports them with financial advisory and training.
Read more info at https://www.transcapital.mn/