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funding gap emerging markets
Mongolia

Ganbold Lkhamsuren

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 7 other investors
  • With a loan of EUR 2,200 Ganbold can purchase a truck trailer which can double his yearly income.

    €2,200
    Amount
    4.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,200
    Interest4.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 22 hours on 28 October 2015.

      The project

      Ganbold has been running a business in transportation service for the third year. He makes agreements with companies and individuals to serve them with the truck. Recently Ganbold has got his truck repaired changing all truck tires. 

      With the loan, Ganbold will be able to purchase a truck trailer which can double his yearly income and employ a new driver.

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

      Company nameVision Fund Mongolia
      CEOGanbold Lkhamsuren
      Founded2012-01-01
      LocationUlaanbataar
      SectorServices
      Turnover€15,915.11
      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 Ganbold Lkhamsuren

      Ron van Eijk
      + and another
      7
      investors