The SME program of the Government has been making good progress in Khovd
aimag. Altogether MNT216 million has been lent to individuals and organizations
in the last two years and a number of new manufacturing units have come up.
More than 150 units have been able to
increase production and 279 jobs have been created.
The Soum Production Development Fund also grants loans between MNT50,000
and MNT200 million in all soums. The loan carries 3% interests and is repayable
in three years.