First investment? Get €500 guaranteed with code GOODSTART.
Find out how
funding gap emerging markets
Mongolia

Binderya Bakery

  • Vision Fund Mongolia
  • Invest in a Financial Institution
  • + 1 other investors
  • With a loan of 2,400 EUR ​Gantuya will be able to buy new materials and hire a fourth employee for the bakery.

    €2,400
    Amount
    3.50%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,400
    Interest3.50%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 16 hours on 27 October 2016.

      Summary

      Gantuya runs a bakery for the past 6 years in Ulaanbaatar city. She supplies fresh new breads to nearly local markets and supermarkets. As her business grew, she has already got three more employees.

      With a loan Gantuya will be able to enhance her working capital and expand her business by purchasing new equipment and hire one more employee for the bakery which will boost the efficiency of her business.

      Local partner VFM will provide a loan to Gantuya that must be repaid in 24 months. 

      Company nameBinderya Bakery
      CEOGantuya Gurzul
      Founded2010-01-01
      LocationUlaanbaatar city
      SectorManufacturing / Production
      Turnover€23,612.75
      Employees3

      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

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.