The document discusses bringing loan guarantee services to Mongolia. It defines loan guarantees as a type of insurance against default provided by a credit guarantee institution to lending institutions. The objectives of loan guarantee services are to provide access to finance for small and medium enterprises, reduce transaction costs, reduce losses, and reduce interest rates. It then provides background on the growth of small and medium enterprises in Mongolia and common obstacles they face such as high interest rates and lack of collateral. The document goes on to describe an existing loan guarantee fund operated by GTZ in Mongolia and other loan guarantee schemes in the country. It outlines plans to establish a Credit Guarantee Fund non-profit organization to provide loan guarantees nationwide with a focus on small and medium enterprises