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funding gap emerging markets
Mongolia

Bichil Zakh

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 9 other investors

    • With a loan of EUR 3,000 Munkhtsetseg can expand her supermarket with all kinds of new products.

    €3,000
    Amount
    4.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€3,000
    Interest4.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 29 October 2015.

      The project

      Munkhtsetseg runs a small shop called Bichil Zakh (micro market) on the edge of the Ulaanbaatar city. Currently, she has six stalls for selling products and gives free four stalls for rent. Products brought from big local markets, fresh and with reasonable price. With the loan, Munkhtsetseg will be able to expand her business by increasing types of products for sale.

      Lendahand will provide the loan to Munkhtsetseg together with local partner VFM. The loan has to be repaid in 24 months.

      Company nameVision Fund Mongolia
      CEOMunkhtsetseg Oyuntsetseg
      Founded2014-01-01
      LocationUlaanbaatar
      SectorWholesale / Retail
      Turnover€21,220.15
      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 Bichil Zakh

      Ron van Eijk
      Jan de Wit
      + and another
      9
      investors