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funding gap emerging markets
Mongolia

Ariuntsetseg Chagnaa

  • Vision Fund Mongolia
  • Invest in a Financial Institution
  • + 8 other investors
  • With a loan of EUR 2,200 Ariuntsetseg will be able to expand her business and step into a new business.

    €2,200
    Amount
    3.00%
    Interest
    12 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,200
    Interest3.00%
    Maturity12 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 20 hours on 25 January 2016.

      Summary

      Ariuntsetseg runs a business in clothing sales in Ulaanbaatar city. She rents a stall at the Bumbugur trade center which attracts many customers and always being crowded. Ariuntsetseg imports men and women’s clothes from Beijing, China. As her business grows, recently she started to import skis, sleighs and bicycles for sale with the support of her husband. 

      With a loan of 5 million tugrik, Ariuntsetseg will be able to expand her business increasing working capital and step into a new business.

      Lendahand will provide this loan to Ariuntsetseg together with local partner VFM. The loan has to be repaid in 12 months.

      Company nameAriuntsetseg Chagnaa
      CEOAriuntsetseg Chagnaa
      Founded2014-01-01
      LocationUlaanbaatar
      SectorWholesale / Retail
      Turnover€22,119.81
      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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