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Mongolia

Jargalmandakh

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 8 other investors
  • With EUR 2,600 Jargalmandakh will be able to expand his supermarket increasing the types of products.

    €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 10 hours on 31 December 2015.

      The project

      Jargalmandakh owns a small grocery supermarket. However it is been not so long since its opening, supermarket grows successfully serving the community in Ulaanbaatar city with fresh and healthy food, vegetables and also household products. 

      Recently he has got a worker to help him in sales and loading goods. With a loan of 6 million tugrik, Jargalmandakh will be able to expand his business increasing the types of products and supply a big need with qualified fresh products.

      Lendahand will provide this loan to Jargalmandakh together with local partner VFM. The loan has to be repaid in 24 months.

      Company nameVision Fund Mongolia
      CEOJargal Dashnyam
      Founded2015-01-01
      LocationUlaanbaatar
      SectorWholesale / Retail
      Turnover€16,475.97
      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 Jargalmandakh

      Jos Dingemans
      + and another
      8
      investors