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funding gap emerging markets
Mongolia

Erdenetsetseg

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 8 other investors
  • With a loan of EUR 2,000 Erdenetsetseg can expand her carpentry business and sell more furniture and souvenirs.

    €2,000
    Amount
    3.50%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,000
    Interest3.50%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 22 hours on 5 October 2016.

      The project

      Erdenetsetseg lives with her family in Darkhan city, Mongolia. She is hardworking woman who is working as teacher secondary at school in Darkhan city and she is also carpenter. Erdenetsetseg makes furniture and souvineries by wood at home. She could expand her business and build cement fence and buy new car by her business profit.

      With a loan she will be able to expand her business and working capital.

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

      Company nameVision Fund Mongolia
      CEOErdenetsetseg Khashgambai
      Founded2011-01-01
      LocationDarkhan
      SectorManufacturing / Production
      Turnover€7,806.40
      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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