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funding gap emerging markets
Mongolia

Buudain Numur LLC

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 11 other investors
  • With a loan of EUR 4,600 Adil is able to restore the outside of his grocery store and start a butchery.

    €4,600
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,600
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 2 July 2016.

      The project

      Adil runs a small grocery store renting a building on the edge of Ulaanbaatar city. He provides his community in Khailaast with fresh food and necessary household goods.

      With a loan, Adil will be able to enhance his working capital and repair outside of the store. Moreover, he plans to open new stall for butchery and create two more jobs. 

      The loan must be repaid in 24 months.

      Company nameVision Fund Mongolia
      CEOAdil Mendbai
      Founded2015-01-01
      LocationUlaanbaatar city
      SectorWholesale / Retail
      Turnover€19,562.17
      Employees2

      Impact

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

      • With this investment 2 jobs are created
      • With this investment 8 lives are improved

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      We have already contributed to Buudain Numur LLC

      Ron van Eijk
      + and another
      11
      investors