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funding gap emerging markets
Mongolia

Gantsetseg Mendbayar

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 11 other investors
  • With a loan of EUR 4,600 Gantsetseg will be able to enhance the working capital to expand her business.

    €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 9 days on 13 July 2016.

      The project

      Gantsetseg runs a business in beauty product sales for the past 2 years in Ulaanbaatar city. She imports beauty products from Guangzhou, China and Soul, Korea and sells online using internet advertisement with delivery service. Currently she has 3 employees including 2 sellers and one driver.

      With a loan of 10 million tugrik, Gantsetseg will be able to enhance the working capital to expand her business and realize her dream of establishing new agent company in the further.

      Company nameVision Fund Mongolia
      CEOGantsetseg Mendbayar
      Founded2014-01-01
      LocationUlaanbaatar city
      SectorWholesale / Retail
      Turnover€22,356.77
      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 Gantsetseg Mendbayar

      Menne Glas
      Erik Hamelink
      + and another
      11
      investors