Ayanga Tsolmon

With EUR 11,600 Ayanga is able to rent a stall at the market and sell his jewelry and silverwork.

funding gap emerging markets

The project

Ayanga is a jeweler who lives in his own 2 story house, the 1st floor is his working area. He usually makes a traditional silver bowl and fixes old jewelries very well. He never use technical methodology only by handmade. So his silver bowls are very demand in the market.

He has 3 employees but sometimes he hires more employees depending on work capacity. 

With a loan, Ayanga will able to rent stall in jewelry market and sell his silver bowls. Also he is planning to hire one more employee. To be repaid in 36 months. 

Vision Fund Mongolia

CEO
Ayanga Tsolmon
Founded
2005-01-01
Location
Ulaanbaatar
Sector
Manufacturing / Production
Turnover
€31,304.34
Employees
3
€11,600raised
Fully funded in 1 day on 25 May 2016.
15investors
Invest in microfinance
€11,600
target
4.0
%
Interest
36
months
Maturity
6
months
Repayments
A
B
C
D
E
Credit score

Impact

1
Jobs created
4
Lives improved