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funding gap emerging markets
Mongolia

Baatartsogt Lkhaasuren

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 11 other investors
  • With a loan of EUR 4,400 Baatartsogt will be able to create a job and realize his dream in the future.

    €4,400
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,400
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 2 days on 25 February 2016.

      Explore the project

      Baatartsogt has been running a business in shoe sales since 2013. He mostly sells sneakers, autumn/winter shoes and boots renting a stall at the Altjin Bumbugur trade centre in Ulaanbaatar city. He imports modern, stylish shoes from northern neighbor country China. His next plan is to open his own shoe store in the city in the future. 

      With a loan of 10 million tugrik, Baatartsogt will be able to increase his working capital, create a job, and realize his dream in the future.

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

      Company nameBaatartsogt Lkhaasuren
      CEOBaatartsogt Lkhaasuren
      Founded2012-01-01
      LocationUlaanbaatar city
      SectorWholesale / Retail
      Turnover€44,444.44
      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 Baatartsogt Lkhaasuren

      Jan Hazejager
      Hans Kramer
      + and another
      11
      investors