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funding gap emerging markets
Mongolia

Oyuntuya Vaar

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 11 other investors
  • With a loan of EUR 2,600 Oyuntuya can renovate her grocery store and expand her working capital.

    €2,600
    Amount
    3.50%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,600
    Interest3.50%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 2 days on 8 October 2016.

      The project

      Oyuntuya Vaar is a mother of three and lives with her family in Darkhan city, Mongolia. She has run grocery store since 2006.

      She has built her own fence and house and bougt new car by her business profit. Her grocery store is located in ger district so there isn’t many competitors. Also she has long time experience and well known in the community. People who live near from her grocery store come evey morning and buy fresh bread and milk. Also her customer like her kind communication.

      With a loan she will be able to repair her store and expand working capital. She always tries to serve the best.

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

      Company nameVision Fund Mongolia
      CEOOyuntuya Vaar
      Founded2006-01-01
      LocationDarkhan
      SectorWholesale / Retail
      Turnover€7,025.76
      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 Oyuntuya Vaar

      Hajé van Egmond
      Jan Eijgenraam
      + and another
      11
      investors