funding gap emerging markets
Mongolia

Udval Namhai

  • Vision Fund Mongolia
  • Local partner investment
  • + 15 other investors
  • With a loan of EUR 4,600 Udval is able to invest in a new market stall so she can boost her sales levels.

    €4,600
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,600
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 6 days on 30 November 2015.
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      Based on all Lendahand historical investments
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      Summary

      Udval runs clothing business selling women's clothing and winter coats for the fifth year. She rents a stall at the Khar Khorin, the local trade market in Ulaanbaatar city. For the winter coats, she sews by herself and as winter season comes needs are high and orders keep growing. 

      With a loan, Udval will be able to expand her business by purchasing a new stall in the market and increase the types of her products. Together with local partner VFM Lendahand will provide a loan that has to be repaid in 24 months. 

      Company nameUdval Namhai
      CEOUdval Namkhai
      Founded2010-01-01
      LocationUlaanbaatar
      SectorWholesale / Retail
      Turnover€16,997.16
      Employees1

      Impact

      There is currently no information available for this section. Check the Summary tab for more.

      • With this investment 1 job is created
      • With this investment 4 people are reached

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      We have already contributed for Udval Namhai

      Dirk Rentmeester
      + and another
      15
      investors