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funding gap emerging markets
Mongolia

Gankhuyag Bat-Ulzii

  • Vision Fund Mongolia
  • Invest in a Financial Institution
  • + 11 other investors
  • With a loan of EUR 2,200 Gankhuyag will be able to purchase new car spare parts for his customers.

    €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 22 hours on 13 March 2016.

      Summary

      Gankhuyag runs a small automobile repair shop for the last 30 years in Kherlen soum of Khentii province. He provides all type of repair services in his backyard and is best known for repairing car alternator in the community he lives. 

      With a loan of 5 million tugrik, Gankhuyag will be able to purchase new car spare parts to provide qualified service for his customers in his community.

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

      Company nameGankhuyag Bat-Ulzii
      CEOGankhuyag Bat-Ulzii
      Founded2014-01-01
      LocationKhentii, Mongolia
      SectorServices
      Turnover€22,271.71
      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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