Mongolia
Bayarjargal's Groceries
With a loan of EUR 6,400 Bayarjargal is able to realize their second supermarket on a prime location.
€6,400
Amount
3.00%
Interest
18 months
Maturity
6 months
Repayments
EUR
CurrencyAmount | €6,400 |
Interest | 3.00% |
Maturity | 18 months |
Repayments | 6 months |
Currency | EUR |
Fully funded in 1 day on 28 May 2016.
The project
Bayarjargal is father of two and lives with his family and mother in Nalaikh city, Mongolia. Bayarjargal and his wife run a small supermarket together.
They are planning to open another supermarket at the other location. Also they aim to hire 2 more employees. Their dream is to have many supermarkets at a good location.
With a loan, he will be able to open new supermarket. Must be repaid in 18 months.
Company name | Vision Fund Mongolia |
CEO | Bayarjargal Erdenechimeg |
Founded | 2011-01-01 |
Location | Nalaikh |
Sector | Wholesale / Retail |
Turnover | €43,478.26 |
Employees | 2 |
Impact
There is currently no information available for this section. Check the Summary tab for more details.
- With this investment 2 jobs are created
- With this investment 8 lives are improved
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We have already contributed to Bayarjargal's Groceries
Niek de Bruijn
Aad Smits
Jan de Wit
+ and another
14
investors