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funding gap emerging markets
Mongolia

Bayarsaikhan

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 2 other investors
  • With a loan of EUR 3,200 Bayarsaikhan will be able to purchase needed equipment for providing better service.

    €3,200
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€3,200
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 23 December 2015.

      The project

      Bayarsaikhan, the father of four, runs a business in taxi service and car repair for the last 10 years in Erdenet city. He works as a driver and at the same time receives orders for all types of broken cars in his backyard with the support of his brother. 

      With a loan of 7 million tugriks, Bayarsaikhan will be able to purchase needed equipment for providing a better service and repair his backyard.

      Lendahand will provide the loan to Bayarsaikhan together with local partner VFM. The loan has to be repaid in 24 months.

      Company nameVision Fund Mongolia
      CEOBayarsaikhan Enkhjargal
      Founded2005-01-01
      LocationErdenet city
      SectorServices
      Turnover€32,272.93
      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 Bayarsaikhan

      Dirk Rentmeester
      + and another
      2
      investors