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funding gap emerging markets
Mongolia

Davaasuren Giilaa

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 9 other investors
  • With a loan of EUR 2,000 Davaasuren will be able to enhance her working capital and diversify types of her products.

    €2,000
    Amount
    3.50%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,000
    Interest3.50%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 29 October 2016.

      The project

      Davaasuren runs sales in trousers renting a stall at the one of the big trade center in Darkhan city for the past 20 years. She imports types of trousers for all ages, male and female both from Erlian and Beijing city of China once or twice per month. As her business got expanded, she has got two more stalls at the local market and one employee as a seller.

      With a loan of 5 million tugrik, Davaasuren will be able to enhance her working capital and diversify types of her products to expand the business.

      Company nameVision Fund Mongolia
      CEODavaasuren Giilaa
      Founded1996-01-01
      LocationDarkhan city
      SectorWholesale / Retail
      Turnover€12,382.07
      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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