funding gap emerging markets
Mongolia

Munguntset

  • Vision Fund Mongolia
  • Local partner investment
  • + 2 other investors
  • With a loan of EUR 3,600 Munguntsetseg wants to import not only Korena spare parts but also from Japan.

    €3,600
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€3,600
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 26 April 2016.
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      Summary

      Munguntsetseg, the mother of three, runs sales business in  automobile spare parts and motor oils renting a garage with the support of her husband for the past 10 years in the Ulaanbaatar city. Also her husband runs tire repair shop. They are always attracted by customers as it is located on the way to the countryside and need is high. 

      With a loan of 8 million tugrik, Munguntsetseg wants to increase her working capital by importing not only Korena spare parts but also from Japan. 

      Company nameMunguntset
      CEOMunguntset Purevjal
      Founded2006-01-01
      LocationUlaanbaatar city
      SectorWholesale / Retail
      Turnover€15,577.43
      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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