Munkhtuya Batchuluun

With a loan of EUR 2,400 Munkhtuya is able to sell more locally produced jeans at her market stall.

funding gap emerging markets

The project

Munkhtuya experience in selling jeans at the Darkhan market for over 7 years . A few years ago, she invested in a car to transport the jeans, which are produced in the local communities, and sells them on one of the biggest markets of the city at the stall she rents.

With a loan, Munkhtuya will be able to expand her inventory in order to satisfy the increasing demand during the winter season and she will be able to build a garage to store her car in. 

Together with local partner VFM Lendahand will provide a loan, which she has to repay within 24 months. 

Vision Fund Mongolia

CEO
Munkhtuya Batchuluun
Founded
2008-01-01
Location
Darkhan
Sector
Wholesale / Retail
Turnover
€8,826.02
Employees
1
€2,400raised
Fully funded in 2 days on 3 December 2015.
4investors
Invest in microfinance
€2,400
target
3.0
%
Interest
24
months
Maturity
6
months
Repayments
A
B
C
D
E
Credit score

Impact

1
Jobs created
4
Lives improved