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funding gap emerging markets
Mongolia

Manaikh Naran LLC

  • Vision Fund Mongolia
  • Invest in a Financial Institution
  • + 7 other investors
  • With EUR 2,000 Byambasuren can purchase a new dryer machine and detergent for her growing dry cleaning service.

    €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 14 hours on 28 November 2016.

      Summary

      Byambasuren runs a dry cleaning service for the past 10 years with the support of her husband in Darkhan city. As her business grew, today she runs 3 branches with 3 additional workers and has number of regular customers.

      With a loan Byambasuren will be able to expand her business and enhance working capital by purchasing dryer machine and cleaning stuff.

      Lokal partner VFM provides a loan to Byambasuren that must be repaid within 24 months.

      Company nameManaikh Naran LLC
      CEOByambasuren Tserenbat
      Founded2006-01-01
      LocationDarkhan city
      SectorDistribution and Processing
      Turnover€12,942.98
      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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