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funding gap emerging markets
Mongolia

Dairgat grocery store

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 6 other investors
  • With EUR 2,800 Gantsetseg is able to expand the assortment of her supermarket to satisfy her customer base.

    €2,800
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,800
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 2 December 2015.

      The project

      Gantsetseg, the mother three runs a small grocery store and a business in taxi service. She opened the grocery store called Dairgat in Ulaanbaatar city three years ago. 

      Her husband built the building for the grocery store by himself and now mostly works assisting in taxi service. With a loan, Gantsetseg will be able to expand her business by purchasing big order and increase the types of product to provide a bigger needs for the community. 

      Together with local partner VFM Lendahand will provide a loan which has to be repaid in 24 months. 

      Company nameVision Fund Mongolia
      CEOGantsetseg Bazarragchaa
      Founded2012-01-01
      LocationUlaanbaatar
      SectorWholesale / Retail
      Turnover€5,665.72
      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 Dairgat grocery store

      Martijn Kistemaker
      Juul Slot
      Olaf Janssen
      + and another
      6
      investors