The Women Entrepreneur Mentors Club and Golomt Bank signed a memorandum of understanding on March 5, 2021.
During the event, E.Uyanga, Executive Director of the Women Entrepreneur Mentors Club, and Ts.Baigalmaa, Director of Retail and SME Business Division, Golomt Bank, signed the agreement. Therefore, Golomt Bank will promote the activities of women entrepreneurs, their role and importance in the socio-economy, provide knowledge and information, jointly implement training programs, and exchange information and support on the challenges of doing business.
Moreover, it is said that Golomt Bank will offer a loan program specifically for women entrepreneurs who are members of the association, and will provide all kinds of financial services.
The Women Entrepreneur Mentor Club works to empower women entrepreneurs, implement mentoring and other training and cooperation programs that meet their needs, build community-based businesses and partnerships, and develop the leadership of women entrepreneurs.
Golomt Bank, a leader in the Mongolian system, has been working to ensure gender equality internally, as well as the gender of its customers and the accompanying economic development. Women, who make up the majority of the country’s small and medium enterprises and service providers, have a history of creating wealth, reducing unemployment, strengthening the economy and strengthening their position in society. Golomt Bank focuses on supporting women entrepreneurs to improve their financial capacity and provide them with opportunities to actively engage in production and services.