funding gap emerging markets
Mongolia

Nergui Jantsan

  • Vision Fund Mongolia
  • Local partner investment
  • + 19 other investors
  • With a loan of EUR 8,800 Nergui will be able to create more jobs and expand her business.

    €8,800
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€8,800
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 2 days on 25 February 2016.
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      Invest from €50
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      Based on all Lendahand historical investments
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      Project will be fully funded

      Summary

      After retirement, four years ago Nergui decided to run her own business in Nalaikh city which is based on a coal mine. Because of that uniqueness of the location, she started to sell coal (used for fuel for homes in winter) providing need in the community four years ago. Moreover, Nergui purchased breeze block making machine and started to produce breeze blocks for sale. Firstly, she started alone, but today she has two employees and rents a space at Tsaiz local market. 

      With a loan of 20 million tugrik, Nergui will be able to create more jobs to operate non-stop during four seasons and establish her own company to expand her business.

      Lendahand will provide a loan to Nergui together with local partner VFM. The loan has to be repaid in 24 months.

      Company nameNergui Jantsan
      CEONergui Jantsan
      Founded2012-01-01
      LocationNalaikh city
      SectorManufacturing / Production
      Turnover€31,111.11
      Employees2

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      We have already contributed for Nergui Jantsan

      JOBCO bv
      Dirk Rentmeester
      Hans Kramer
      Remo Demirhisar
      + and another
      19
      investors