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funding gap emerging markets
Mongolia

Enkhbayar Sandagjav

  • Vision Fund Mongolia
  • Invest in a Financial Institution
  • + 8 other investors
  • With a loan of EUR 2,200 Enkhbayar is able to expand her souvenir shop and produce more souvenirs.

    €2,200
    Amount
    3.00%
    Interest
    18 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,200
    Interest3.00%
    Maturity18 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 6 days on 23 September 2015.

      Summary

      Enkhbayar runs a business that sells souvenirs. She makes piggy banks or coin container for 3 years now and delivers them to souvenir gift shops.

      Firstly she started with two castings to make piggy banks but she currently uses 25 of them including five different types and opened her own souvenir shop which is close to school to serve her customers directly. Enkhbayar does the casting by herself and another worker decorates with beautiful colors.

      With a loan she will be able to produce more products and expand her small shop to reach a bigger market. Lendahand and local partner VFM will provide Enkhbayar with a loan that is repayable in 18 months.

      Company nameEnkhbayar Sandagjav
      CEOEnkhbayar Sandagjav
      Founded2013-01-01
      LocationUlaanbaatar
      SectorManufacturing / Production
      Turnover€6,437.19
      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 Enkhbayar Sandagjav

      Ron van Eijk
      Marlies Witteveen
      + and another
      8
      investors