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funding gap emerging markets
Mongolia

Tsogjavkhlan 2

  • Vision Fund Mongolia
  • Invest in a Financial Institution
  • + 11 other investors
  • With a loan of EUR 5,600 Tsogjavkhlan will be able to enhance his working capital and purchase a big order.

    €5,600
    Amount
    4.00%
    Interest
    36 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€5,600
    Interest4.00%
    Maturity36 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 1 July 2016.

      Summary

      Tsogjavkhlan has been running business in groceries for 13 years. He has 2 stalls at the Iron trade center in Ulaanbaatar city. His main products are for healthy foods like fruits and vegetables. He buys them fresh from Bars local market for reasonable prices. As business grows, now Tsogjavkhlan requests his second loan. 

      Using the first loan effectively, now he rents three stalls in total and created two new jobs.

      With a loan of 12 million, Tsogjavkhlan will be able to enhance his working capital and purchase a big order to expand his business.

      Company nameTsogjavkhlan 2
      CEOTsogjavkhlan Sharavdorj
      Founded2003-01-01
      LocationUlaanbaatar city
      SectorWholesale / Retail
      Turnover€83,837.91
      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 Tsogjavkhlan 2

      Peter Boot
      + and another
      11
      investors