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funding gap emerging markets
Mongolia

Yalaltbayar Tuya

  • Vision Fund Mongolia
  • Invest in a Financial Institution
  • + 15 other investors
  • With a loan of EUR 4,600 Yalatbayar is able to expand the product assortment of his small grocery store.

    €4,600
    Amount
    4.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,600
    Interest4.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 2 days on 19 November 2015.

      Summary

      Yalaltbayar runs a small grocery store “Erdene” in Chinggis city of Khentii province and also operates a transportation service. 

      He hired one employee as a seller at his store and bought a truck, so that he could focus on the transportation service. He delivers firewoods to households in his community which is the basic need for people living in Ger (Mongolian traditional dwelling - one room home made entirely of woods carrying a felt cover and with no access to water or heat) in winter time. 

      With the loan Yalaltbayar will be able to expand his small grocery store selling various types of products.

      Company nameYalaltbayar Tuya
      CEOYalaltbayar Tuya
      Founded2015-01-01
      LocationChinggis city
      SectorWholesale / Retail
      Turnover€3,734.82
      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 Yalaltbayar Tuya

      Gert Mosterd
      + and another
      15
      investors