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funding gap emerging markets
Mongolia

Monolit Talst LLC

  • Vision Fund Mongolia
  • Invest in a Financial Institution
  • + 14 other investors
  • With a loan of EUR 13,200 Enkhbayar will be able to sell glass windows and also create 2 jobs.

    €13,200
    Amount
    4.00%
    Interest
    36 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€13,200
    Interest4.00%
    Maturity36 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 13 hours on 17 February 2016.

      Summary

      Enkhbayar, father of three, runs a business in construction industry for the past fourteen years. He opened Monolit Talst LLC in 2002, the construction company in building interior design including power supply, automation, alarm & communications system and wall construction. 

      Curenttly, the company has 60 employees. With a loan of 30 million tugrik, Enkhbayar will be able to increase working capital, realize his dream to open glass window manufacture and create more jobs.

      Lendahand will provide a loan to Enkhbayar together with local partner VFM. The loan has to be repaid in 36 months.

      Company nameMonolit Talst LLC
      CEOEnkhbayar Duugen
      Founded2002-01-01
      LocationUlaanbaatar city
      SectorServices
      Turnover€221,729.49
      Employees60

      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 Monolit Talst LLC

      Ron van Eijk
      Joop Singeling
      Corné de Haas
      + and another
      14
      investors