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funding gap emerging markets
Mongolia

Bor Nyamtseren

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 14 other investors
  • With EUR 6,600 will Bor be enabled to move into a larger market stall to supply her increasing customer base.

    €6,600
    Amount
    4.00%
    Interest
    36 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€6,600
    Interest4.00%
    Maturity36 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 17 September 2015.

      The project

      Our Mongolian beauty expert Bor sells a great variety of cosmetic and beauty products on the Ulaan Baatar market. She has a loyal customer base that not only come by her shop for the great quality products, but also for the accompanying advice she can provide.

      This has led to a stable business with loyal clientele visiting frequently. Bor currently employs 2 workers. Due to the fact that her customer base is expanding, she is constantly thinking of ways to expand her business.

      At the moment she is hoping to move into a bigger market shop to ensure her ability to meet the growing number of customers. However, she lacks funding. Lendahand will therefore team up with local partner VFM to provide Bor with a loan that will be repaid in 36 months.

      Company nameVision Fund Mongolia
      CEOBor Nyamtseren
      Founded2012-01-01
      LocationUlaan Baatar
      SectorWholesale / Retail
      Turnover€6,705.40
      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 Bor Nyamtseren

      Gert Mosterd
      Ron van Eijk
      Jan de Wit
      Aad Smits
      Corné de Haas
      + and another
      14
      investors