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MongoliaIveelt Nergui
With a loan of EUR 5,800 Iveelt will be able to purchase truck and distribute fuel to his customers.
€5,800
Amount
4.00%
Interest
36 months
Maturity
6 months
Repayments
EUR
Currency| Amount | €5,800 |
| Interest | 4.00% |
| Maturity | 36 months |
| Repayments | 6 months |
| Currency | EUR |
Fully funded in 1 day on 25 April 2016.
The project
Iveelt is father of 3 children and lives with his family in Nalaikh city, Mongolia. Firstly, he had started his own small coal mine with only 1 employee. But currently he expanded his business and hired 5 more employees. There are 4 different seasons in Mongolia. But Iveelt aims to work non-stop in all seasons.
With a loan of 13 million tugrik, Iveelt will be able to purchase truck and distribute to customers in Ulaanbaatar city.
| Company name | Vision Fund Mongolia |
| CEO | Iveelt Nergui |
| Founded | 2010-01-01 |
| Location | Nalaikh |
| Sector | Services |
| Turnover | €31,250 |
| Employees | 6 |
Impact
There is currently no information available for this section. Check the Summary tab for more details.
- With this investment 2 jobs are created
- With this investment 8 lives are improved