funding gap emerging markets
Mongolia

Davaadorj Maibayar

  • Vision Fund Mongolia
  • Local partner investment
  • + 8 other investors
  • With EUR 3,800 Davaadorj can purchase his own automobile so that he can load larger quantity of spare parts.

    €3,800
    Amount
    3.50%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€3,800
    Interest3.50%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 15 hours on 24 November 2016.
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      Summary

      Davaadorj, the father of three, runs a business in automobile spare parts sales for the past 10 years in Ulaanbaatar city. He purchases car spare parts from Uguumur, the biggest local market and rents a stall at Sutain Byant local market for sale. Also besides this, he repairs automobiles providing complete service for his  customers.

      With a loan of 10 million tugrik, Davaadorj will be able to purchase his own automobile so that he can load larger quantity of spare parts on more frequent basis to supply the needs for his customers.

      Company nameDavaadorj Maibayar
      CEODavaadorj Maibayar
      Founded2006-01-01
      LocationUlaanbaatar city
      SectorServices
      Turnover€12,119.81
      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 lives are improved

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      We have already contributed for Davaadorj Maibayar

      Gert Mosterd
      Marlies Witteveen
      + and another
      8
      investors