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funding gap emerging markets
Mongolia

Munkhduur kindergarten

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 14 other investors
  • With a loan of EUR 4,200 Buljkham is able to build 2 additional rooms and expand her kindergarten.

    €4,200
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,200
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 20 May 2016.

      The project

      Bujlkham has runned a small kindergarten for 1 year. She has 4 employees and special licence of kindergarten service. The kindergarten is high demand in Mongolia because there isn’t enough kindergarten but number of children is increasing day to day. So Mongolian Government very supports this kind of service and pay 70.000tugrik for each children of individual kindergartens monthly. Bujlkham loves her work because she hopes that her service impacts well to many families and child well being.

      With a loan, she will be able to expand her kindergarten’s building and have 2 more class. Must be repaid in 24 months.

      Company nameVision Fund Mongolia
      CEOBujlkham Erdenedalai
      Founded2015-01-01
      LocationUlaanbaatar
      SectorServices
      Turnover€7,826.08
      Employees4

      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 Munkhduur kindergarten

      Leendert Smit
      Gert Baas
      A. Pronk
      + and another
      14
      investors