Ard Credit non bank financial institution (Ard) is a microfinance institution (MFI) operating in Ulaanbaatar, Mongolia. Ard has been incorporated in 2011 as a direct subsidiary of Inter Group International LLC, investment holding company. In the first half of 2013, AC has attracted a group of new investors who are well experienced in microfinance sector and, as a result, its equity capital grew to MNT 1.2 billion. With the new investment, management, team, and strategy, AC is in a favorable position to speedily expand its operations and position itself in the market.
AC’s mission is to provide custom-tailored financial solutions for micro and small entrepreneurs in Mongolia using innovative solutions and to become a driving force for financial inclusion and education for those who are currently unable to have access to financing.