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funding gap emerging markets
Mongolia

Panda café

  • Vision Fund Mongolia
  • Invest in a Financial Institution
  • + 13 other investors
  • With a loan of EUR 3,600 Chuluunchimeg is able to renovate and redecorate her café and attract more customers.

    €3,600
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€3,600
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 3 days on 31 July 2016.

      Summary

      Chuluunchimeg, the mother of two, runs a small cafe “Panda” with the support of her sister renting a building in Ulaanbaatar city. The café locates close to nearly schools, kindergartens and police station attracting number of customers. She has two staff a cook and a waitress managing all the operation herself.

      With a loan of 8 million tugrik, Chuluunchimeg will be able to repair and furnish newly her café purchasing new windows, door, tables and chairs which will attract more customers. 

      Company namePanda café
      CEOChuluunchimeg Nadya
      Founded2010-01-01
      LocationUlaanbaatar city
      SectorServices
      Turnover€14,666.66
      Employees2

      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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