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funding gap emerging markets
Mongolia

Batbold Ganbaatar

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 15 other investors
  • With EUR 4,400 Batbold will be able to expand his grocery store which will speed his working capital and income.

    €4,400
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,400
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 11 days on 31 July 2016.

      The project

      Batbold runs a small grocery store inside his backyard with the support of his wife for the past 9 years in Ulaanbaatar city. The grocery store locates near to bus stop along the central road which attracts number of customers.

      With a loan of 10 million tugrik, Batbold will be able to expand his store as an wholesale store which will speed his working capital and increase his household income for the better benefit for his family.

      Company nameVision Fund Mongolia
      CEOBatbold Ganbaatar
      Founded2007-01-01
      LocationUlaanbaatar
      SectorWholesale / Retail
      Turnover€8,892.84
      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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