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funding gap emerging markets
Mongolia

Gantogtokh Jamts

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 8 other investors
  • With EUR 3,000 Gantogtokh is able to buy 3 new refrigerators for her grocery store and hire 1 additional worker.

    €3,000
    Amount
    4.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€3,000
    Interest4.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 14 hours on 17 September 2015.

      The project

      Gantogtokh runs a quite successful grocery store in which food and several commodities are sold. It is been a few years back since she started the business, and it seems like she will be running it for a little while longer.

      There are currently two employees working for Gantogtokh that assist her in some operational tasks. This enables the owner to focus on customer satisfaction and the business’ future, which looks pretty good and allows her to think of expansion.

      Therefore she would like to acquire 3 new refrigerators to store meat in. Together with local partner VFM, Lendahand will provide her with a loan in order to realize her ambition. The loan will be repaid in 24 months.

      Company nameVision Fund Mongolia
      CEOGantogtokh Jamts
      Founded2002-01-01
      LocationUlaanbaatar
      SectorWholesale / Retail
      Turnover€35,762.18
      Employees2

      Impact

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

      • With this investment 1 job is created
      • With this investment 4 lives are improved

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      We have already contributed to Gantogtokh Jamts

      Bas Kleijnen
      Corné de Haas
      Ron van Eijk
      + and another
      8
      investors