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funding gap emerging markets
Mongolia

Enkhsaikhan

  • Vision Fund Mongolia
  • Invest in a Financial Institution
  • + 3 other investors
  • With EUR 2,200 Enkhsaikhan is able to fulfil a large order for construction materials business and hire 1 worker.

    €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 9 hours on 18 March 2016.

      Summary

      Enkhsaikhan owns a business in selling construction materials. She renting stalls at the Sapporo construction trade centre complex in Ulaanbaatar city for almost 20 years now. 

      She started with just 1 stall, but as the number of sales increased, she could invest in maintaining more stalls. Now she operates 3 stalls and employs 1 worker. 

      With a loan, the entrepreneur will be able to increase her working capital, take on a big order and hire an aditional worker. Together with local partner VFM will Lendahand provide a loan that must be repaid in 24 months. 

      Company nameEnkhsaikhan
      CEOEnkhsaikhan Bayanmunkh
      Founded1997-01-01
      LocationUlaanbaatar city
      SectorWholesale / Retail
      Turnover€17,528.48
      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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