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funding gap emerging markets
Mongolia

Jiguur supermarket

  • Vision Fund Mongolia
  • Invest in a Financial Institution
  • + 3 other investors
  • With a loan of EUR 2,200 Bayarjargal will be able to improve the equipment for the supermarket in Darkhan.

    €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 25 December 2015.

      Summary

      Bayarjargal owns a supermarket called "Jiguur" or "Wing" which she opened in Darkhan city in 2014. However it has been only a year, supermarket has gotten expanded successfully within a short period. 

      And currently she has two employees. With a loan of 5 million tugriks, Bayarjargal will be able to increase working capital and improve equipment for the supermarket.

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

      Company nameJiguur supermarket
      CEOBayarjargal Altankhuyag
      Founded2014-01-01
      LocationDarkhan city
      SectorWholesale / Retail
      Turnover€82,568.80
      Employees2

      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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