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funding gap emerging markets
Mongolia

Bayanjargal Zorigt

  • Vision Fund Mongolia
  • Invest in a Financial Institution
  • + 4 other investors
  • With EUR 4,400 Bayanjargal will be able to invest into her business renewing furniture and interior design.

    €4,400
    Amount
    4.00%
    Interest
    48 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,400
    Interest4.00%
    Maturity48 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 18 hours on 26 April 2016.

      Summary

      Bayanjargal, the mother of two, runs a small eatery serving with local food for the past three years in Ulaanbaatar city. The eatery is located on the way to the center and near many trade centers and offices which attracts numerous customers. Currently she has one employee to assist her but as her business grows she is planning to hire an additional employee.

       With a loan of 10 million tugrik, Bayanjargal will be able to repair her house building sewerage and heating system and invest into her business renewing furniture and interior design inside the eatery.  

      Company nameBayanjargal Zorigt
      CEOBayanjargal Zorigt
      Founded2013-01-01
      LocationUlaanbaatar city
      SectorServices
      Turnover€26,737.96
      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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