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funding gap emerging markets
Mongolia

Zaya Hair Salon

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 6 other investors
  • With EUR 2,400 Enkhzaya is able to refurbish her hairdresser salon and acquire additional equipment.

    €2,400
    Amount
    4.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,400
    Interest4.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 21 November 2015.

      The project

      Enkhzaya is a hairdresser and opened her "Zaya Hair Salon" three years ago at the Tergel trade centre in Ulaanbaatar city. She was born in hairdresser's family and she acquired skills experience for the past 8 years by her family members. 

      Currently, she works by herself at the salon and offers two free barber's chairs for another two hairdressers (for now). With a loan, she will be able to furnish her salon and purchase additional hairdressing equipment. Lendahand will provide a loan together with local partner VFM which has to be repaid in 24 months. 

      Company nameVision Fund Mongolia
      CEOEnkhzaya Nergui
      Founded2012-01-01
      LocationUlaanbaatar
      SectorServices
      Turnover€3,768.25
      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 Zaya Hair Salon

      Bianca Wiedenhoff-Mosterd
      Frans Wittenberg
      + and another
      6
      investors