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funding gap emerging markets
Mongolia

Narantsetseg Jugder

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 9 other investors
  • With a loan of EUR 2,600 Narantsetseg is able to increase the inventory of her sewing business.

    €2,600
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,600
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 3 days on 22 August 2016.

      The project

      Firstly Narantsetseg has sewed at home by order. But now she has her own small sewer workshop in Darkhan city. She has run her business for 13 years. So she has regular customers and good experience.

      With a loan, she will be able to expand her working capital and stock up.

      Together with local partner VFM will Lendahand provide a loan that must be repaid in 24 months. 

      Company nameVision Fund Mongolia
      CEONarantsetseg Jugder
      Founded2003-01-01
      LocationDarkhan
      SectorManufacturing / Production
      Turnover€8,547
      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 Narantsetseg Jugder

      Gerard de Jong
      + and another
      9
      investors