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funding gap emerging markets
Mongolia

Soobe LLC

  • Vision Fund Mongolia
  • Invest in a Financial Institution
  • + 7 other investors
  • With a loan of EUR 4,200 Ontsbileg will be able to purchase construction material to finish a building.

    €4,200
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,200
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 8 hours on 31 March 2016.

      Summary

      Ontsbileg established SOOBE LLC in 2012 in Darkhan city of Darkhan-Uul province. The company builds construction for service center purpose where will be automobile repair center, car wash, cafeteria and bank. Moreover, she has seasonal business in coal sales selling from October until May of the year.

      With a loan of 10 million tugrik, Ontsbileg will be able to purchase construction material to finish the building and expand her business in the further.

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

      Company nameSoobe LLC
      CEOOntsbileg Tegshjargal
      Founded2012-01-01
      LocationDarkhan city, Darkhan-Uul province
      SectorServices
      Turnover€258,843.83
      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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      We have already contributed to Soobe LLC

      Marion van Wingerden
      Eduard Tee
      + and another
      7
      investors