Delphos Advises LendMN on Securing Senior Secured Debt Facility from Lendable Inc.

Delphos Advises LendMN on Securing Senior Secured Debt Facility

Mongolia's fintech pioneer LendMN secures $20 million senior secured debt facility

Impact-focused lender Lendable Inc. partners with Delphos on deal

LendMN to expand micro loans portfolio with new facility

Facility to provide access to credit for underserved individuals and small businesses

AI-powered credit scoring model used by LendMN to offer digital loans

35% of LendMN's borrowers live in rural areas, with 90% having non-salaried income

Mongolia's lending landscape dominated by short-term domestic funding sources

Facility provides access to longer-term international capital for LendMN

Transaction aligns with UN SDGs 10 and 5, aiming to reduce inequalities and ensure gender equality