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funding gap emerging markets
Mongolia

Munkhzaya

  • Vision Fund Mongolia
  • Invest in a Financial Institution
  • + 6 other investors
  • With a loan of EUR 2,200 Munkhzaya will be able to repair her car this spring to be prepared by this summer.

    €2,200
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,200
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 16 hours on 13 March 2016.

      Summary

      Munkhzaya, the mother of three, is very hard working which is obvious from her business she runs in several sectors. She sews Mongolian traditional costumes called Deel, hat and sweater, slippers from wool, with desire to pass this tradition down to young generation of the future. Also she sews a pillow with cedar nut, the ecological and healthy product. Moreover, Munkhzaya runs a business in clothing sales importing from Erlian city of China and sells together with other products providing delivery service for her customers. 

      With a loan of 5 million tugrik, Munkhzaya will be able to repair her car this spring to be prepared by this summer, the busiest time of the year.

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

      Company nameMunkhzaya
      CEOMunkhzaya Bayartsaikhan
      Founded2013-01-01
      LocationUlaanbaatar city
      SectorManufacturing / Production
      Turnover€6,238.85
      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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