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funding gap emerging markets
Mongolia

Ayanga Tsolmon

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 15 other investors
  • With EUR 11,600 Ayanga is able to rent a stall at the market and sell his jewelry and silverwork.

    €11,600
    Amount
    4.00%
    Interest
    36 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€11,600
    Interest4.00%
    Maturity36 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 25 May 2016.

      The project

      Ayanga is a jeweler who lives in his own 2 story house, the 1st floor is his working area. He usually makes a traditional silver bowl and fixes old jewelries very well. He never use technical methodology only by handmade. So his silver bowls are very demand in the market.

      He has 3 employees but sometimes he hires more employees depending on work capacity. 

      With a loan, Ayanga will able to rent stall in jewelry market and sell his silver bowls. Also he is planning to hire one more employee. To be repaid in 36 months. 

      Company nameVision Fund Mongolia
      CEOAyanga Tsolmon
      Founded2005-01-01
      LocationUlaanbaatar
      SectorManufacturing / Production
      Turnover€31,304.34
      Employees3

      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 Ayanga Tsolmon

      Niek de Bruijn
      Dirk Rentmeester
      Harry Stein
      + and another
      15
      investors