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funding gap emerging markets
Mongolia

Batchimeg Enkhtaivan

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 6 other investors
  • With a loan of EUR 2,600 Batchimeg is able to acquire an additional taxi and hire a new chauffeur.

    €2,600
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,600
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 1 December 2015.

      The project

      Batchimeg, a mother two, runs a taxi service. She used to work as a bus conductor for many years and after that decided to run her own business. With her first loan, Batchimeg bought a car which she used to date to transfer clients from A to B.

      With a loan, Batchimeg will be able to expand her business by buying an additional car and employ one more driver to increase the capacity of her business. 

      Together with local partner VFM Lendahand will provide a loan, which will have to be repaid in 24 months.

      Company nameVision Fund Mongolia
      CEOBatchimeg Enkhtaivan
      Founded2014-01-01
      LocationNalaikh
      SectorServices
      Turnover€20,367.75
      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 Batchimeg Enkhtaivan

      Elke Krekels
      + and another
      6
      investors