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funding gap emerging markets
Mongolia

Unu-Undraa

  • Vision Fund Mongolia
  • Invest in a Financial Institution
  • + 10 other investors
  • With a loan of EUR 4,200 Batbayar is able to invest in new equipment for his construction business.

    €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 5 days on 31 August 2016.

      Summary

      Batbayar lives with his wife in Nalaikh city, Mongolia. He runs construction service with his wife. He has established his own company which is named Unu-Undraa, operates construction service 3 years ago. In the future he wants to expand his business and build apartments.

      With a loan, he will be able to buy construction tools and do much work in short time with support of new tools.

      The loan, provided by local partner VFM and Lendahand, must be repaid in 24 months.

      Company nameUnu-Undraa
      CEOBatbayar Buyantogtokh
      Founded2013-01-01
      LocationNalaikh
      SectorServices
      Turnover€42,735.04
      Employees5

      Impact

      There is currently no information available for this section. Check the Summary tab for more details.

      • With this investment 3 jobs are created
      • With this investment 12 lives are improved

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      We have already contributed to Unu-Undraa

      Eduard Tee
      + and another
      10
      investors