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BOND
  • Establishment – 2004 --- 15 years
  • Main activity – Lending – Trust service, Private placement – financial consult
  • Our mission - BID is to bring prompt financial services to low income individuals, micro and SME businesses in urban communities to support their growth and future development.
  • BID – 80 staffs and 15 branches including branches in provinces
  • In the last 15 years – 50,000 clients – disbursed 60 million USD
    • Total Asset – 13 million
    • GLP – 10.8 million
    • Equity – 7.6 million
  • Projects- We have implemented “Job creation and Poverty alleviation” project of Ministry of Social Welfare and Labor twice and we also have been implementing “Sustainable livelihood II” project six times, which is financed by Microfinance Development Fund.
  • Partners –
    • TDB, Khanbank, Xacbank, Golomt bank
    • Mandal insurance and Tenger insurance
    • Incofin, Frankfurt, --- in the past, worked with Oikocredit and Connective Capital
    • We have our financials reports audited by internationally recognized auditing companies
  • We got awarded one of the TOP10 NBFI from 2007 to 2014 8 times by Government and MNCCI and became “NBFI of the Year” in 2013, 2014 and 2016 by MNBFIA.
  • Also BID NBFI has received B+ in our Social rating by “Microfinanza Rating” LLC which is internationally recognized rating company.
  • We are the first ever NBFI to issue private placement.
  • Our motto: Good to Great! We are the unity of right mindfulness!