funding gap emerging markets
Mongolia

Turkhuu Tumurbaatar

  • Vision Fund Mongolia
  • Local partner investment
  • + 5 other investors
  • With EUR 3,600 Turkhuu is able to buy lots of necessary hybride car parts for his auto repair shop.

    €3,600
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€3,600
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 3 days on 4 July 2016.
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      Based on all Lendahand historical investments
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      Summary

      Turkhuu, father of two, runs an automobile repair shop in Ulaanbaatar city. He repairs mostly hybrid vehicles and has two additional employees to support him. Repair shop locates right along the main road which always attracts customers on regular basis and need for repairing hybrid vehicles is high.

      With a loan, Turkhuu will be able to expand his business purchasing order for various types of spare parts from neighbor country China in order to serve with full capacity. 

      Must be repaid in 24 months. 

      Company nameTurkhuu Tumurbaatar
      CEOTurkhuu Tumurbataar
      Founded2015-01-01
      LocationUlaanbaatar city
      SectorServices
      Turnover€15,649.74
      Employees2

      Impact

      There is currently no information available for this section. Check the Summary tab for more.

      • With this investment 1 job is created
      • With this investment 4 lives are improved

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      We have already contributed for Turkhuu Tumurbaatar

      Ron van Eijk
      + and another
      5
      investors