The U.S. International Development Finance Corporation (DFC) has approved a $150 million long-term loan for Mongolian Mortgage Corporation HFC LLC (MIK) on January 15, 2025.
This financing aims to expand access to housing, empower women borrowers, and support underserved communities including low-to-middle-income families in Mongolia.
This funding signifies the largest amount ever awarded by the U.S. International Development Finance Corporation (DFC) to a Mongolian financial institution. Designed explicitly for housing finance and asset-backed loan securitization, it highlights the importance of enhancing Mongolia’s housing finance infrastructure.
The U.S. International Development Finance Corporation (DFC) has approved a $150 million long-term loan for Mongolian Mortgage Corporation HFC LLC (MIK) on January 15, 2025.
This financing aims to expand access to housing, empower women borrowers, and support underserved communities including low-to-middle-income families in Mongolia.
This funding signifies the largest amount ever awarded by the U.S. International Development Finance Corporation (DFC) to a Mongolian financial institution. Designed explicitly for housing finance and asset-backed loan securitization, it highlights the importance of enhancing Mongolia’s housing finance infrastructure.
