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funding gap emerging markets
Mongolia

Dorjvaanchig Sanjsuren

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 16 other investors
  • With EUR 11,400 Dorjvaanchig is able to expand his karaoke bar and host more people. 2 extra jobs.

    €11,400
    Amount
    4.00%
    Interest
    36 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€11,400
    Interest4.00%
    Maturity36 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 30 January 2016.

      The project

      Dorjvaanchig started a karaoke pub with the support of his wife about 3 years ago. Karaoke offers many types and genres of songs ranging from traditional to pop and rock songs. It quickly became one of the favorite places for people in the neighbourhood. 

      The couple currently employs 2 workers, however they desire to expand the pub and hire 2 more workers. 

      With a loan, Dorjvaanchig and his wife will be able to build a larger pub to host more customers. Together with local partner VFM, Lendahand will provide a loan that has to be repaid in 36 months. 

      Company nameVision Fund Mongolia
      CEODorjvaan Sanjsuren
      Founded2014-01-01
      LocationUlaanbaatar city
      SectorServices
      Turnover€68,744.27
      Employees2

      Impact

      There is currently no information available for this section. Check the Summary tab for more details.

      • With this investment 2 jobs are created
      • With this investment 8 lives are improved

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      We have already contributed to Dorjvaanchig Sanjsuren

      Harry Stein
      Gert Mosterd
      + and another
      16
      investors