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funding gap emerging markets
Mongolia

Atar Undrakh grocery

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 4 other investors
  • With EUR 2,200 Soyolmaa will be able to enhance her working capital and purchase a big order.

    €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 15 hours on 26 April 2016.

      The project

      Soyolmaa runs a small grocery store “Atar Undrakh” for the past 9 years in Tunkhel village of Zuunkharaa city, Selenge province. Besides that sales business, Soyolmaa makes buuz (traditional Mongolian food) and dumpling at home and supplies nearly grocery stores and shops. She supplies 30-40kg buuz and around 4,500 dumplings per week providing delivery service.

       With a loan of 5 million tugrik, Soyolmaa will be able to enhance her working capital and purchase a big order in order to expand her business. 

      Company nameVision Fund Mongolia
      CEOSoyolmaa Baldandorj
      Founded2007-01-01
      LocationZuunkharaa city, Selenge province
      SectorWholesale / Retail
      Turnover€35,650.62
      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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