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funding gap emerging markets
Mongolia

Enkh-Amgalan

  • Vision Fund Mongolia
  • Invest in a Financial Institution
  • + 5 other investors
  • With EUR 2,200 Enkh-Amgalan is able to supply a large part of the community with vital fuel for food and warmth.

    €2,200
    Amount
    4.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,200
    Interest4.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 9 hours on 31 March 2016.

      Summary

      Enkh-Amgalan owns a business in selling fuel for the past ten years in Darkhan. Currently, she supplies community members and micro mining sites with fuel. The micro mining sites use it for machinery and heat, the community for warmth and cooking, vital for both types. 

      With a loan, Enkh-Amgalan will be able to purchase a big order to supply most of her customers in Dharkan. 

      Together with local partner VFM will Lendahand provide a loan that will be repaid in 24 months. 

      Company nameEnkh-Amgalan
      CEOEnkh-Amgalan Tsedevdorj
      Founded2006-01-01
      LocationDarkhan city, Darkhan-Uul province
      SectorWholesale / Retail
      Turnover€51,768.76
      Employees1

      Impact

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

      • With this investment 1 job is created
      • With this investment 4 lives are improved

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      We have already contributed to Enkh-Amgalan

      Erik Hamelink
      + and another
      5
      investors