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funding gap emerging markets
Mongolia

Odko Nomin

  • Vision Fund Mongolia
  • Invest in a Financial Institution
  • + 1 other investors
  • With a loan of EUR 12,800 Bud-Erdene will be able to buy construction materials for extension of his supermarket.

    €12,800
    Amount
    4.00%
    Interest
    36 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€12,800
    Interest4.00%
    Maturity36 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 2 days on 18 August 2016.

      Summary

      Bud-Erdene runs a grocery shop for the past two years in Ulaanbaatar city. Also he established his company which named “Odko-Nomin” in 2015. He is planning to expand the shop and build extension building next to shop.

      With a loan of 30 million tugrik, he will be able to expand his working capitals and buy construction materials for extension building.

      Company nameOdko Nomin
      CEOBud-Erdene Bulgantamir
      Founded2014-01-01
      LocationUlaanbaatar
      SectorWholesale / Retail
      Turnover€42,735.04
      Employees1

      Impact

      There is currently no information available for this section. Check the Summary tab for more details.

      • With this investment 2 jobs are created
      • With this investment 8 lives are improved

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