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funding gap emerging markets
Mongolia

Tuya Tseveendorj

  • Vision Fund Mongolia
  • Invest in a Financial Institution
  • + 13 other investors
  • With a loan of EUR 4,400 Tuya will be able to expand her product portfolio in household products.

    €4,400
    Amount
    4.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,400
    Interest4.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 6 days on 28 October 2015.

      Summary

      Tuya, mother of two, sells household products and clothes in Chinggis Khaan city of Khentii province. As the demand is on the rise, the entrepreneur is always on the lookout for opportunities.

      Therefore she hopes to be able to expand her business in the near future. With a loan she will be able to expand her business by purchasing more types of products and employ a new worker to supply the customers in the community.

      Together with local partner VFM, Lendahand will provide Tuya with a loan in order to realise her ambitions. The loan will have to be repaid in 24 months.

      Company nameTuya Tseveendorj
      CEOTuya Tseveendorj
      Founded2015-01-01
      LocationChinggis Khaan
      SectorWholesale / Retail
      Turnover€8,830.02
      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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      We have already contributed to Tuya Tseveendorj

      Ron van Eijk
      Peter Boot
      + and another
      13
      investors