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funding gap emerging markets
Mongolia

Ganbold Byambaa

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 15 other investors

    • With a loan of EUR 4,200 Ganbold is able to expand his business as a shoe seller and expand his portfolio.

    €4,200
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,200
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 10 days on 26 August 2016.

      The project

      Ganbold has run shoes trading for 6 years. Firstly he has rented stand in “Od” shoes trading center in Erdenet city, Mongolia. He imports good quality shoes from Turkey and community knows him well. Also he has just started new business which is supermarket.

      Together with local partner VFM will Lendahand provide a loan that must be repaid in 24 months. 

      Company nameVision Fund Mongolia
      CEOGanbold Byambaa
      Founded2010-01-01
      LocationErdenet
      SectorWholesale / Retail
      Turnover€12,820.51
      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 Ganbold Byambaa

      Gerard de Jong
      Ron van Eijk
      Frank Fekken
      + and another
      15
      investors