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funding gap emerging markets
Mongolia

GMEE

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 6 other investors

    • With a loan of EUR 3,800 Bayarmaa is able to professionalise her second foodstore.

    €3,800
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€3,800
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 2 days on 26 August 2016.

      The project

      Bayarmaa is mother of two and lives with her family in Nalaikh city, Mongolia. Firstly she has established her company which is operated by food trading. Also Bayarmaa has opened a second food store 1 year ago. 

      With a loan, she will be able to expand the type of products in her food store and hire 1 employee. 

      The loan must be repaid in 24 months. 

      Company nameVision Fund Mongolia
      CEOBayarmaa Tsendbazar
      Founded2010-01-01
      LocationNalaikh
      SectorWholesale / Retail
      Turnover€38,461.53
      Employees2

      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 GMEE

      Robert Schellekens
      + and another
      6
      investors