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funding gap emerging markets
Mongolia

Khas Delgerekh LLC

  • Vision Fund Mongolia
  • Invest in a Financial Institution
  • + 6 other investors
  • With EUR 6,600 Altantuya is able to invest in new equipment to make her dairy factory more efficient.

    €6,700
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€6,700
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 8 hours on 29 February 2016.

      Summary

      Altantuya grew up in a family of herders that owned grazing cattle. She learned from her parents that technology could be used to speed up the process of producing dairy products. In 2004, she started her own business with 5 cows, producing milk and supplying neighbouring households. Today she owns a big farm with around 90 cows and her own milk and dairy factory called “Khas delgerekh”.

      Altantuya currently employs 6 workers and supplies 74 grocery stores and shops.  She is planning to expand her business by optimizing the production facility and become more efficient by 30% and to start selling meat as well. 

      With a loan Altantuya will be able to increase her working capital and to invest in new, more efficient equipment. Together with local partner VFM Lendahand will provide a loan that must be repaid in 24 months. 

      Company nameKhas Delgerekh LLC
      CEOAltantuya Borkhuu
      Founded2004-01-01
      LocationChinggis city
      SectorManufacturing / Production
      Turnover€22,351.36
      Employees6

      Impact

      There is currently no information available for this section. Check the Summary tab for more details.

      • With this investment 2 jobs are created
      • With this investment 8 lives are improved

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