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funding gap emerging markets
Mongolia

Oyunchimeg Banzragch

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 9 other investors
  • With a loan of EUR 4,400 Oyunchimeg can expand her stall at the market where she sells diary products.

    €4,400
    Amount
    4.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,400
    Interest4.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 2 days on 23 September 2015.

      The project

      Oyunchimeg has been making delicious dairy products from creamy yoghurt to mouth watering dried curds, cheese and sour cream for 10 years utilizing her skills she learned from her nomadic lifestyle in the countryside. She sells dairy products at the food market renting a small stall and wants to open her own new butchery expanding her business sector. With a loan of 10,000,000 tugriks, Oyunchimeg will be able to hire employee, rent one more stall at the market to serve more people in the community of Khentii province and realize her dream.

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

      Company nameVision Fund Mongolia
      CEOOyunchimeg Banzragch
      Founded2005-01-01
      LocationChinggis Khaan city, Khentii province
      SectorManufacturing / Production
      Turnover€6,705.40
      Employees1

      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 Oyunchimeg Banzragch

      Ron van Eijk
      Corné de Haas
      Erik Hamelink
      + and another
      9
      investors