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funding gap emerging markets
Mongolia

Erdenebat Begzsuren

  • Vision Fund Mongolia
  • Invest in a Financial Institution
  • + 11 other investors
  • With a loan of EUR 2,000 Erdenebat will improve his construction business by providing equipment and safety clothes.

    €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 2 days on 7 October 2016.

      Summary

      Erdenebat lives with his family in Darkhan city, Mongolia. He has run business of constraction subcontracter for 5 years. Currently he has contracted with Sodon constraction LLC and BayanZuukh LLC. He has 15 employees and pays 1 million tugrik for per employee for a month. He is planning to provide safety clothes and equipments for his employees and improve food supplies.

      With a loan he will be able to provide good quality safety clothes and equipments for his employees. Also he will be able to improve food supplies.

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

      Company nameErdenebat Begzsuren
      CEOErdenebat Begzsuren
      Founded2011-01-01
      LocationDarkhan
      SectorServices
      Turnover€61,670.56
      Employees1

      Impact

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

      • With this investment 1 job is created
      • With this investment 4 lives are improved

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      We have already contributed to Erdenebat Begzsuren

      Erwin Meijer
      + and another
      11
      investors