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funding gap emerging markets
Mongolia

Altantsog Chultem

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 2 other investors
  • With a loan of EUR 4,200 Altantsog is able to expand the product variety of her underwear shop.

    €4,200
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,200
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 26 August 2016.

      The project

      Altantsog has run underwear clothes trading in Darkhan province since 2007. She received her first loan for her business in 2007. Satisfied with our partner's services, she has just applied for her 11th loan. She is good client and repays on time. 

      With a loan, she will be able to expand her working capital. Together with local partner VFM will Lendahand provide a loan that must be repaid in 24 months. 

      Company nameVision Fund Mongolia
      CEOAltantsog Chultem
      Founded2007-01-01
      LocationDarkhan
      SectorWholesale / Retail
      Turnover€72,649.57
      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 Altantsog Chultem

      Arno Huibers
      Ron van Eijk
      + and another
      2
      investors