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funding gap emerging markets
Mongolia

Batbaatar Sanjaaniiv

  • Vision Fund Mongolia
  • Invest in a Financial Institution
  • + 2 other investors
  • With EUR 4,400 Batbaatar can expand his business by repairing the house where he runs the operation,

    €4,400
    Amount
    4.00%
    Interest
    48 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,400
    Interest4.00%
    Maturity48 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 18 hours on 26 April 2016.

      Summary

      Batbaatar runs a business in food industry producing cutted noodles and cake in Ulaanbaatar city. Prior to this, he used to run local bath in the remote district area. And after that following his dream, he wanted to do something different to contribute to the local production promoting national production. However, he has been only a year in this industry, his new business got expanded quickly and now he has already one employee to support him.

      With a loan of 10 million tugrik, Batbaatar will be able to expand his business by repairing the house where he runs the operation, purchase an automobile and hire additional employee in the further. 

      Company nameBatbaatar Sanjaaniiv
      CEOBatbaatar Sanjaaniiv
      Founded2015-01-01
      LocationUlaanbaatar
      SectorManufacturing / Production
      Turnover€10,743.06
      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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