funding gap emerging markets
Mongolia

Baigalmaa

  • Vision Fund Mongolia
  • Local partner investment
  • + 8 other investors
  • With a loan of EUR 4,600 Baigalmaa is able to purchase a car that will boost her sales levels of internet cards.

    €4,600
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,600
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 6 days on 30 November 2015.
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      Average investment
      Based on all Lendahand historical investments
      Complete funding
      Project will be fully funded

      Summary

      Baigalmaa runs a business in wireless network selling pre-paid WiFi cards. She became a contracted salesperson of "Kewiko" network company 2 years ago and since that she successfully supports Kewiko project to create internet access in rural areas. Currently she has many customers, shops and supermarkets that she supplies with cards. 

      With a loan, Baigalmaa will be able to buy a car to deliver the products which will boost her efficiency, sales and service. Together with local partner VFM Lendahand will provide a loan that has to be repaid in 24 months. 

      Company nameBaigalmaa
      CEOBaigalmaa Myagmardorj
      Founded2013-01-01
      LocationNalaikh
      SectorWholesale / Retail
      Turnover€9,631.72
      Employees1

      Impact

      There is currently no information available for this section. Check the Summary tab for more.

      • With this investment 1 job is created
      • With this investment 4 lives are improved

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      We have already contributed for Baigalmaa

      Jan-Dik Boot
      Dirk Rentmeester
      + and another
      8
      investors