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funding gap emerging markets
Mongolia

Davaakhuu Dashzeveg

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 8 other investors
  • With a loan of EUR 2,200 Davaakhuu will be able to expand her catering business purchasing a car.

    €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 10 hours on 30 April 2016.

      The project

      Davaakhuu runs a business in catering sector for the past 20 years with the support of her husband in Darkhan city. She cooks traditional Mongolian dishes such as buuz, mantou (steamed bun) and dumpling and delivers to local markets called Darkhan and Buyan. Her first loan size started from 200USD, and since then she has taken successfully for six times. As she has been for 20 years in this industry, she is trusted for serving good quality product and already has her own regular customers.

      With a loan of 5 million tugrik, Davaakhuu will be able to expand her business purchasing a car which will help her to improve the quality and make her service prompt. 

      Company nameVision Fund Mongolia
      CEODavaakhuu Dashzeveg
      Founded1996-01-01
      LocationDarkhan city
      SectorServices
      Turnover€5,923.65
      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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