Dff Gobi Tender

Project Description
The provision of a senior loan of US$ 10million to Gobi JSC, Mongolia's largest integrated cashmere processor and garment producer, for working capital financing.

Project Objectives
The project will support growth and competitiveness of the company by financing its additional working capital needs to build up inventory during the procurement season of cashmere wool. The Loan will help Gobi to substantially expand its supplier and customer base.

Transition Impact
ETI score:76

etitive and resilience qualities: The transition impact is expected to derive from its contribution to improve competitiveness. The proposed project supports the turnaround of a loss-making company and such turnaround will have a systemic impact on the economy/sector.