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funding gap emerging markets
Mongolia

Nandin-Erdene Bat-Ulzii

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 10 other investors
  • With a loan of EUR 4,000 Nandin is able to expand her retail business of beauty products and underwear.

    €4,000
    Amount
    3.50%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,000
    Interest3.50%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 2 days on 28 September 2016.

      The project

      Nandin-Erdene lives with her two younger sisters in Nalaikh city, Mongolia. She has run retail business which includes beauty products, underwears and stationaries. Firstly she had started her business with beauty stores. But currently she has expanded her business with underwears and stationaries. Her store’s name is Julie and she gives gifts for children who live in poor families during “International Childrens day” and Christmas day.

      With a loan of 10 million tugrik, she will be able to expand her working capital and build new house for business.

      Company nameVision Fund Mongolia
      CEONandin-Erdene Bat-Ulzii
      Founded2004-01-01
      LocationNalaikh
      SectorWholesale / Retail
      Turnover€19,762.84
      Employees3

      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 Nandin-Erdene Bat-Ulzii

      Erwin Meijer
      Casper Roos
      Leendert Smit
      + and another
      10
      investors