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funding gap emerging markets
Mongolia

Bayarsaikhan Sanjmyatav

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 6 other investors
  • With a loan EUR 4,600 Bayarsaikhan is able to import modern and high quality clothing from China.

    €4,600
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,600
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 6 days on 30 November 2015.

      The project

      Bayarsaikhan is successful entrepreneur who sells clothes for the past 15 years. She imports jeans, belts and pants from Erlian city of Inner Mongolia. 

      At first she used to sell outside renting pavilion but now as her business got expanded, she became available to sell inside renting stalls from two big trade centres in the Ulaanbaatar city. Moreover, she purchased a car to transport and load goods. 

      With a loan, Bayarsaikhan will be able to increase her import of  good quality and modern clothes from the bigger cities like Beijing and Tianjin of China. The loan, provided by Lendahand and VFM, must be repaid in 24 months. 

      Company nameVision Fund Mongolia
      CEOBayarsaikhan Sanjmyatav
      Founded2000-01-01
      LocationUlaanbaatar
      SectorWholesale / Retail
      Turnover€16,997.16
      Employees2

      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 Bayarsaikhan Sanjmyatav

      Cees van Iperen
      Joop Singeling
      + and another
      6
      investors