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funding gap emerging markets
Mongolia

Bolortuya

  • Vision Fund Mongolia
  • Invest in a Financial Institution
  • + 8 other investors
  • With a loan of EUR 2,200 Bolortuya will be able to increase types of products for sale to expand.

    €2,200
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,200
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 18 hours on 13 March 2016.

      Summary

      Bolortuya, mother of two, runs a business in clothing sales for the last two years in Kherlen soum (second level administrative subdivision below the province) of Khentii province. She sells mostly women clothes such as outwears, sweater, dress and shoes renting a stall at the Evt trade centre and imports goods from Erlian city of China. 

      With a loan of 5 million tugrik, Bolortuya will be able to enhance her working capital and increase types of products for sale to expand the business.

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

      Company nameBolortuya
      CEOBolortuya Namsraijav
      Founded2014-01-01
      LocationKherlen soum, Khentii province
      SectorWholesale / Retail
      Turnover€17,817.37
      Employees1

      Impact

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

      • With this investment 1 job is created
      • With this investment 4 lives are improved

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