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funding gap emerging markets
Mongolia

Badamtsetseg Bor

  • Vision Fund Mongolia
  • Invest in a Financial Institution
  • + 6 other investors
  • With a loan of EUR 2,200 ?Badamtsetseg will be able to purchase a truck and hire an additional employee.

    €2,200
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,200
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 18 December 2015.

      Summary

      Badamtsetseg runs a business in raw material sales which she started a year ago. She collects used bottles and plastic bottles and then supplies to drink factories. 

      With a loan of 5 million tugriks, Badamtsetseg plans to purchase a truck and hire an additional employee to boost the efficiency of the business operation.

      Local partner VFM and Lendahand will provide this loan to Badamtsetseg. The loan has to be repaid in 24 months.

      Company nameBadamtsetseg Bor
      CEOBadamtsetseg Bor
      Founded2014-01-01
      LocationUlaanbaatar
      SectorDistribution and Processing
      Turnover€7,447.29
      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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