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funding gap emerging markets
Mongolia

Enkhmanlai Ganbold

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 11 other investors
  • With a loan of EUR 5,400 Enkhmanlai will be able to purchase a big order for spring women shoes and boots.

    €5,400
    Amount
    4.00%
    Interest
    36 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€5,400
    Interest4.00%
    Maturity36 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 16 hours on 21 January 2016.

      The project

      Enkhmanlai runs a business in women shoe sales for 10 years renting a stall at Suukhii shoes trade centre in Ulaanbaatar city. He imports high quality woman shoes from Beijing, China. Recently, he has got an employee to help him as now he rents tree stalls at the shoes trade centre. 

      With a loan of 12 million tugriks, Enkhmanlai will be able to expand his working capital and purchase a big order for spring women shoes as spring is coming.

      Lendahand will provide this loan to Enkhmanlai together with local partner VFM. The loan has to be repaid in 36 months.

      Company nameVision Fund Mongolia
      CEOEnkhmanlai Ganbold
      Founded2006-01-01
      LocationUlaanbaatar city
      SectorWholesale / Retail
      Turnover€32,786.88
      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 Enkhmanlai Ganbold

      Dirk Rentmeester
      + and another
      11
      investors