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funding gap emerging markets
Mongolia

Gantsetseg Danzan

  • Vision Fund Mongolia
  • Invest in a Financial Institution
  • + 6 other investors
  • With EUR 2,200 Gantsetseg is able to hire a special truck that allows her to execute her business sustainable.

    €2,200
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,200
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 2 days on 31 October 2015.

      Summary

      Gantsetseg, the mother of six, has been working in stone pits since 2014. She is also a member of credit union with other companies in the same industry in the Khentii province.

      With a loan, Gantsetseg will be able to rent a truck for land rehabilitation to return the land and make it a more sustainable business. However, her funding need is too large for the credit union to handle.

      Therefore will local partner VFM and Lendahand provide a loan to Gantsetseg that has to be repaid in 12 months.

      Company nameGantsetseg Danzan
      CEOGantsetseg Danzan
      Founded2014-01-01
      LocationUlaanbataar
      SectorManufacturing / Production
      Turnover€11,052.16
      Employees5

      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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