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funding gap emerging markets
Mongolia

Uuganbayar

  • Vision Fund Mongolia
  • Invest in a Financial Institution
  • + 10 other investors
  • With EUR 4,600 Uuganbayar can invest in a larger vehicle to help him collect and sell secundary materials.

    €4,600
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,600
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 30 January 2016.

      Summary

      Uuganbayar owns a business that collects secondary materials. He started 8 years ago and collects materials such as iron, aluminum, copper and brass and sells mostly to Chinese factories. 

      Next to that, he also uses the materials to builds fences and sells them to the local communities. With more capital, Uuganbayar will be able to expand his business by investing in a new vehicle for collecting and hire an aditional worker.

      Lendahand will provide a loan together with local partner VFM to help him realize his plans. The loan must be repaid in 24 months. 

      Company nameUuganbayar
      CEOUuganbayar Munkhtogtokh
      Founded2008-01-01
      LocationUlaanbaatar city
      SectorDistribution and Processing
      Turnover€45,787.54
      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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