Customer testimonial
Incofin and its Partners
Badrakhmaa, B, co-founder of "Gazar Aguu" LLC located in Darkhan-Uul Province, Mongolia Until recently, Gazar Aguu LLC operated a small, mostly manual egg farm with 15,000 chickens, supplying fresh eggs to households in Darkhan-Uul province located about 250 km from the capital city Ulaanbaatar, Mongolia. Today, we have transformed into a fast-growing agribusiness, supplying 40% of the province’s egg demand every day. This growth was made possible by business loans we received from Khan Bank in Mongolia in 2023 and 2024. Thanks to this support, we doubled the scale of our operations and now manage 40,000 chickens across two fully automated, modern poultry facilities. The investment not only increased production capacity but significantly improved operational efficiency, profitability, and product quality. During COVID-19, when our business faced its toughest challenge, Khan Bank’s Darkhan-Uul Branch stood by us—not only with financial support, but with guidance and trust, at a time when resilience mattered most. I also enrolled in workshops organized by Khan Bank’s SME Academy and benefited from consultations with business advisors, which helped strengthen our management and long-term strategy. Continuous learning is a core value of mine, and it has played a key role in our success. Our expansion is not just about business growth—it reflects our commitment to food security and sustainability. To diversify and integrate circular practices, we are now operating a fully automated four-season hydroponic greenhouse and are producing eco-friendly plant pots made from chicken manure as part of a zero-waste model. Through our two companies, we provide stable jobs to over 20 employees and deliver fresh eggs and vegetables to our local community. “For us, this journey is bigger than business—we are contributing to Mongolia’s food independence by supplying safe, healthy, locally produced food.” As a female entrepreneur leading the production of import-substituting, healthy food products, I believe our partnership with Khan Bank is a strong example of how targeted finance can accelerate sustainable growth, empower local businesses, and deliver lasting community impact.