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funding gap emerging markets
Mongolia

Ikh Bar Ur LLC

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 21 other investors
  • With a loan of EUR 6,600 Mendbayar will be able to open one more branch for automobile repair shop.

    €6,600
    Amount
    4.00%
    Interest
    36 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€6,600
    Interest4.00%
    Maturity36 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 6 days on 28 July 2016.

      The project

      Mendbayar, the father of two, runs a business in construction sector providing interior design service for the past 5 years in Ulaanbaatar city. Moreover, he runs a small automobile repair shop repairing big automobiles and trucks.

      With a loan of 15 million tugrik, Mendbayar will be able to open one more branch for automobile repair shop and hire an additional employee to serve more people in need.     

      Company nameVision Fund Mongolia
      CEOMendbayar Sukhbaatar
      Founded2006-01-01
      LocationUlaanbaatar city
      SectorServices
      Turnover€13,398.83
      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 Ikh Bar Ur LLC

      Menne Glas
      Frans Wittenberg
      + and another
      21
      investors