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funding gap emerging markets
Mongolia

Batjargal Getseljav

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 7 other investors
  • With EUR 2,600 Batjargal can replace and expand the tools for his auto repair shop in Chinggis Khaan city.

    €2,600
    Amount
    4.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,600
    Interest4.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 23 September 2015.

      The project

      Batjargal is an owner of auto repair shop which he opened with his son a year ago. The auto repair has a perfect location in the center of the Chinggis Khaan city and needs for orders are always high. Currently they have 4 workers and have expanded their services including welding and car wash service. With a loan of 6,000,000 tugriks, Batjargal will be able to purchase additional equipments and renew some tools to expand the business.

      Lendahand will provide the loan to Batjargal together with local partner VFM. The loan has to be repaid in 24 months.

      Company nameVision Fund Mongolia
      CEOBatjargal Getseljav
      Founded2014-01-01
      LocationChinggis Khaan city, Khentii province
      SectorServices
      Turnover€9,655.78
      Employees4

      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 Batjargal Getseljav

      Ron van Eijk
      Gert Mosterd
      + and another
      7
      investors