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funding gap emerging markets
Mongolia

Munkhbayar Gansukh

  • Vision Fund Mongolia
  • Invest in a Financial Institution
  • + 3 other investors
  • With a loan of EUR 2,600 Munkhbayar will be able to buy more materials and open a new tire repair workshop.

    €2,600
    Amount
    3.50%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,600
    Interest3.50%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 16 hours on 28 November 2016.

      Summary

      Munkhbayar runs a business in automobile sales for the past 5 years in Darkhan city. He sales old cars brought from neighbor cities Erdenet and Ulaanbaatar after repairing them.

      With a loan Munkhbayar will be able to expand his business and enhance his working capital by purchasing tire repair equipment and opening a new tire repair workshop.

      Local partner VFM will provide a loan to Munkhbayar that must be repaid in 24 months. 

      Company nameMunkhbayar Gansukh
      CEOMunkhbayar Gansukh
      Founded2011-01-01
      LocationDarkhan city
      SectorServices
      Turnover€11,556.24
      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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