funding gap emerging markets
Mongolia

Gerelkhuu Gankhuyag

  • Vision Fund Mongolia
  • Local partner investment
  • + 13 other investors
  • With EUR 3,400 Gerelhuu is able to acquire new welding machines and produce more iron fences.

    €3,400
    Amount
    3.75%
    Interest
    36 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€3,400
    Interest3.75%
    Maturity36 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 23 September 2016.
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      Average investment
      Based on all Lendahand historical investments
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      Summary

      Gerelkhuu lives with his family in Zuun mod province, Mongolia. His son is 6 years old and 1st grade of secondary school. Also his wife is tailor. Gerelkhuu runs welding and iron production business since 2011. His father helps for his business. He makes iron fence and welding service according to clients’ order.

      With a loan, he will be able to buy new equipments for his business and improve speed of production. 

      Together with local partner VFM will Lendahand provide a loan that must be repaid in 36 months.

      Company nameGerelkhuu Gankhuyag
      CEOGerelkhuu Gankhuayag
      Founded2011-01-01
      LocationZuun Mod
      SectorManufacturing / Production
      Turnover€28,673.83
      Employees1

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      We have already contributed for Gerelkhuu Gankhuyag

      Wim Mortier
      Menne Glas
      Corné de Haas
      + and another
      13
      investors