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funding gap emerging markets
Mongolia

Tsagaan Saarai

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 7 other investors
  • With a loan of EUR 2,200 Tsagaan can purchase a car and provide a delivery service for his customers.

    €2,200
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,200
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 1 day on 11 August 2016.

      The project

      Tsagaan runs a business in coal sales for the past 7 years in Ulaanbaatar city. Coals are sold out well in winter period and in summer he sells fire woods as a fuel for whom living in Ger (traditional Mongolian dwelling) district. Moreover he makes dairy products and sells them fresh at local markets.

      With a loan of 5 million tugrik, Tsagaan will be able to expand his business enhancing his working capital and purchasing a new car for providing delivery service for his customers.

      Company nameVision Fund Mongolia
      CEOTsagaan Saarai
      Founded2009-01-01
      LocationUlaanbaatar city
      SectorWholesale / Retail
      Turnover€4,424.77
      Employees1

      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 Tsagaan Saarai

      Ron van Eijk
      Arne Driessen
      Leendert Smit
      + and another
      7
      investors