Developing Entrepreneurial Mongolia NBFI (DEM NBFI)

Developing Entrepreneurial Mongolia NBFI (DEM NBFI) is a micro-lender dedicated to providing financial products to micro-entrepreneurs and high growth small enterprises to develop sustainable, inclusive and socially responsible businesses. DEM’s mission is to develop entrepreneurship, create new jobs and advance living standards of ordinary Mongolians through innovative financial solutions. DEM is supporting Women Entrepreneurs since 2011.

Organisation Representative

Endorsers that Developing Entrepreneurial Mongolia NBFI (DEM NBFI) partner with


Kite Mongolia

Aavishkaar Capital is the equity arm of The Aavishkaar Group which manages in excess of US$1 billion in AUM across equity and credit. The Group’s shareholders include TIAA-Nuveen, Shell Foundation, Triodos Bank and Dutch Entrepreneurial Development Bank.

Kite Mongolia

KITE Mongolia LLC is the first social entrepreneurship program in Mongolia. Kite Accelerator program aims to assist entrepreneurs in creating innovative business models to tackle social issues. Our approach opens the doors for entrepreneurs with scalable ideas while ensuring their sustainability. We focus on providing seed funding to bridge the early stage funding gap. Our services are designed to support entrepreneurs in enhancing their products and services, creating sustainable business models, building teams through our social entrepreneurs’ leadership program and accelerating their path from an idea to scalable businesses with impact.

On-going/Past projects

Gender Inclusive Value Chain-Mongolia

By Developing Entrepreneurial Mongolia NBFI (DEM NBFI)

B2B digital platform to create linkages/purchases within the value chain among women entrepreneurs in rural and urban areas to provide tailored, subsidized, unsecured loans to women.

Agriculture, Employability, Financial Inclusion, Gender, Livelihood and Poverty Alleviation