First investment? Get €500 guaranteed with code GOODSTART.
Find out how
funding gap emerging markets
Mongolia

Bayarmaa Radnaabazar

  • Vision Fund Mongolia
  • Invest in a Financial Institution
  • + 11 other investors
  • With EUR 3,000 Bayarmaa is able to import more mobile phones in order to supply the rapidly rising demand.

    €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 4 days on 26 October 2015.

      Summary

      Bayarmaa sells brand new mobile phones renting a stall at the Montel trade centre in Ulaanbaatar city. She travels by herself to  Mongolia's southern neighbour China and imports lately produced mobile phones from there. With a loan, Bayarmaa will be able to expand her business importing a larger number of mobile phones in order to satisfy local demand. She will also employ an additional worker to assist her with the business.

      Together with local partner VFM, Lendahand will provide a loan to Bayarmaa so she can realize her plans. The loan will be repaid in 24 months.

      Company nameBayarmaa Radnaabazar
      CEOBayarmaa Radnaabazar
      Founded2014-01-01
      LocationUlaanbaatar
      SectorWholesale / Retail
      Turnover€8,830.02
      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

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      We have already contributed to Bayarmaa Radnaabazar

      Bas Kleijnen
      Jelmer Stienstra
      Ron van Eijk
      + and another
      11
      investors