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funding gap emerging markets
Mongolia

Munkhbold Boldbaatar

  • Vision Fund Mongolia
  • Invest in a Financial Institution
  • + 9 other investors
  • With a loan of EUR 2,800 Munkhbold will be able to expand his transportation business in Mongolia.

    €2,800
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,800
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 2 days on 20 January 2016.

      Summary

      Munkhbold is a driver and runs a business in transportation industry in Chinggis city, the center of Khentii province. He has been working for the last ten years serving his customers between cities and provinces in Mongolia. After gaining deep experience in transportation, Munkhbold wants to expand his business in sales of wood fence panels purchasing from other soums (the second level administrative subdivision below the provinces) with a reasonable price and supply other soums in need to support farmers and herders in building fence or stockyard. 

      With a loan Munkhbold will be able to expand his business and realize his new business idea.

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

      Company nameMunkhbold Boldbaatar
      CEOMunkhbold Boldbaatar
      Founded2006-01-01
      LocationChinggis city, Khentii province
      SectorServices
      Turnover€35,829.12
      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 Munkhbold Boldbaatar

      Erik Hamelink
      A. Pronk
      + and another
      9
      investors