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funding gap emerging markets
Mongolia

Khan Khukhii Khuis

  • Vision Fund Mongolia
  • Invest in a Financial Institution
  • + 13 other investors
  • With a loan of EUR 9,200 Tuvshinbaatar will be able to prepare the catering service in a high school.

    €9,200
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€9,200
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 2 days on 31 January 2016.

      Summary

      Tuvshinbaatar runs a business in several sectors including grocery shop, hotel and café serving local food. He inherited Khan Khukhii Khuis Gol LLC from his mother 5 years ago which was established in 2001. His business is going successful and he has 3 workers at the café, grocery shop and hotel. Recently, he opened new café in a high school serving pupils with healthy and fresh food. Moreover he plans to open a small grocery shop at the school. 

      With a loan of 20 million tugriks, Tuvshinbaatar will be able to expand his business by increasing working capital and purchase new equipments and hire one more worker for the café to serve more people in the community of Nalaikh city.

      Lendahand will provide a loan to Tuvshinbaatar, together with local partner VFM. The loan has to be repaid in 24 months.

      Company nameKhan Khukhii Khuis
      CEOTuvshin Luuzan
      Founded2001-01-01
      LocationNalaikh city
      SectorServices
      Turnover€56,043.95
      Employees3

      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 Khan Khukhii Khuis

      Aad Smits
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      13
      investors