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funding gap emerging markets
Mongolia

Munkhtuya Batchuluun

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 4 other investors
  • With a loan of EUR 2,400 Munkhtuya is able to sell more locally produced jeans at her market stall.

    €2,400
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,400
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 2 days on 3 December 2015.

      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. 

      Company nameVision Fund Mongolia
      CEOMunkhtuya Batchuluun
      Founded2008-01-01
      LocationDarkhan
      SectorWholesale / Retail
      Turnover€8,826.02
      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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