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funding gap emerging markets
Mongolia

Tumenbayar Lkhamsuren

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 11 other investors
  • With EUR 3,200 Tumenbayar is able to invest in a larger vehicle to import more household goods from Russia.

    €3,200
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€3,200
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 3 days on 3 July 2016.

      The project

      Tumenbayar runs a business in retail for the past two years in Darkhan city. He sells household and grocery goods imported from neighbor country Russia. Using the loan efficiently, Tumenbayar afforded to purchase automobile.

      With a loan, Tumenbayar will be able to expand his business and purchase bigger automobile in order to supply nearly provinces with products and increase number of customers. 

      The loan must be repaid in 24 months. 

      Company nameVision Fund Mongolia
      CEOTumenbayar Lkhamsuren
      Founded
      LocationDarkhan city
      SectorWholesale / Retail
      Turnover€11,970.19
      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 Tumenbayar Lkhamsuren

      Ron van Eijk
      Frank Fekken
      Tjerk van Dijk
      + and another
      11
      investors