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funding gap emerging markets
Mongolia

GMG Hotel

  • Vision Fund Mongolia
  • Invest in a Financial Institution
  • + 9 other investors
  • With a loan of EUR 2,600 Bayasgalan will be able to connect internet network and purchase LCD televisions.

    €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 9 hours on 31 May 2016.

      Summary

      Bayasgalan is female headed household and lives with her 2 daughters in Ulaanbaatar city, Mongolia. Bayasgalan runs a hotel business in GMG center which is known place around there. So her business profit is good. She is planning to purchase LCD television and improve hotel’s service quality.

      With a loan of 6 million tugrik, she will be able to connect internet network and purchase LCD television and working capitals.

      Company nameGMG Hotel
      CEOBayasgalan Yadamsuren
      Founded2010-01-01
      LocationUlaanbaatar
      SectorServices
      Turnover€4,347.82
      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 GMG Hotel

      Elke Krekels
      Dirk Rentmeester
      + and another
      9
      investors