Triodos Investment Management has provided a USD 5 million debt facility to InvesCore NBFI JSC, supporting the continued expansion of Mongolia’s largest non-bank financial institution and strengthening access to finance for local businesses.
The investment, announced on 15 January 2026, is aimed at backing InvesCore’s role as a major lender to micro, small and medium-sized enterprises across Mongolia. It also reflects the company’s alignment with sustainable finance practices and its contribution to the country’s green transition.
Established in 2016, InvesCore has grown rapidly in less than a decade and now serves more than 54,000 clients nationwide. Women account for 51% of its customer base. The institution has built a strong position in micro and SME financing, with lending activity spanning sectors including services, transportation, trade and construction.
InvesCore has also invested heavily in digital innovation. The company uses fully automated credit procedures alongside AI-driven credit scoring systems, allowing it to deliver faster and more efficient financial services. Its digital offering includes user-focused platforms such as e-wallets and online lending applications, designed to simplify access and improve the overall client experience.
Sustainability forms a core part of InvesCore’s operating model. The institution offers green loan products at preferential rates, supporting businesses investing in environmentally friendly practices, electric vehicles and energy-efficient technologies. These products are supported by transparent online information and a financial literacy database intended to help clients make informed decisions.
Alongside its lending activity, InvesCore runs training programmes targeted at SMEs and women entrepreneurs, reflecting its focus on inclusive growth. Environmental, social and governance principles are embedded across the business, from responsible resource use at its headquarters to ESG risk assessments within its credit processes.
The company is also pursuing international growth. Beyond Mongolia, InvesCore has established subsidiaries in Kazakhstan, Kyrgyzstan and Uzbekistan, as part of plans to build a regional microfinance network. The strategy is to adapt its existing model to new markets while sharing expertise across borders.
The USD 5 million senior debt facility has been provided through the Triodos Microfinance Fund and the Triodos Fair Share Fund, furthering Triodos Investment Management’s focus on financial inclusion investments globally.
