funding gap emerging markets
Mongolia

Baigalmaa Shirnen

  • Vision Fund Mongolia
  • Local partner investment
  • + 22 other investors
  • With EUR 6,600 Baigalmaa will be enabled to expand her business and establish a new clothing wholesale store!

    €6,600
    Amount
    4.00%
    Interest
    36 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€6,600
    Interest4.00%
    Maturity36 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 21 hours on 16 September 2015.
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      Summary

      Baigalmaa is the founder and owner of a clothing importing business in the Mongolian capital. Reason for her to establish her own business is to be able to be independent and self sufficient. The clothing is imported from South Korea and sold to local market shops. 

      Currently, 2 people are employed by Baigalmaa. Business is going well and the owner sees opportunities everywhere. For now she would like to open her own clothing wholesale store. This will enable her to sell the imported clothing directly to the public herself and causes her to hire an additional employee.

      Together with our new local partner VFM Lendahand will provide Baigalmaa with a loan to enable the business expansion. The loan will be repaid in 36 months.

      Company nameBaigalmaa Shirnen
      CEOBaigalmaa Shirnen
      Founded2002-01-01
      LocationUlaan Baatar
      SectorWholesale / Retail
      Turnover€8,940.54
      Employees2

      Impact

      There is currently no information available for this section. Check the Summary tab for more.

      • With this investment 1 job is created
      • With this investment 4 lives are improved

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      We have already contributed for Baigalmaa Shirnen

      Johan Feddema
      Ron van Eijk
      Erik Hamelink
      Corné de Haas
      Gert Mosterd
      + and another
      22
      investors