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funding gap emerging markets
Mongolia

Yanjindulam Tumen

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 15 other investors
  • With EUR 4,400 Yanjindulam is able to purchase a new refrigerator to stock more meat for selling purposes.

    €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 5 days on 27 October 2015.

      The project

      Yanjindulam applied for her first business loan in 2006. She operates her business for 13 years now and sells meat in a grocery store. When her business started to grow bigger, she was able to move to a small but nice house and purchase a car, and realize a dream of her son sending him to university to study as a TV producer in South-Korea.

      With a new loan, Yanjindulam will be able to purchase, among others, a refrigerator to store the meat inside which will enhance her service considerably.

      Lendahand will provide the loan to Yanjindulam together with local partner VFM.

      Company nameVision Fund Mongolia
      CEOYanjindulam Tumen-Ayush
      Founded2002-01-01
      LocationUlaanbaatar
      SectorWholesale / Retail
      Turnover€5,298.01
      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 Yanjindulam Tumen

      Ron van Eijk
      Bas Kleijnen
      + and another
      15
      investors