funding gap emerging markets
Mongolia

Orkhontuya Munkhbat

  • Vision Fund Mongolia
  • Local partner investment
  • + 10 other investors
  • With a loan of EUR 2,600 Orkhontuya will be able to enhance her working capital to expand her business.

    €2,600
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,600
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 22 hours on 13 March 2016.
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      Summary

      Orkhontuya, the mother of three, runs a business in providing mobile phone repair renting as stall at the Och trade centre in Kherlen soum of Khentii province. She is very experienced in this sector as she started this business 12 years ago and well known in her community. Her son learned how to repair mobile phone from mother and also started to support her. 

      With a loan of 6 million tugrik, Orkhontuya will be able to enhance her working capital to expand her business and invest for building a yard for her house as they recently moved from dormitory.

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

      Company nameOrkhontuya Munkhbat
      CEOOrkhontuya Munkhbat
      Founded2004-01-01
      LocationKherlen soum, Khentii province
      SectorServices
      Turnover€35,634.74
      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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