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

Choijilsuren Sumiyabazar

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 9 other investors
  • With EUR 5,800 Choijilsuren can transport bigger quantity to increase the business productivity.

    €5,800
    Amount
    3.75%
    Interest
    36 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€5,800
    Interest3.75%
    Maturity36 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 19 hours on 23 November 2016.

      The project

      Choijilsuren runs a business in butchery for the past 10 years in Ulaanbaatar city. He transports raw meat with his truck from rural provinces, mostly from Sukhbaatar province and sells at Khuchit Shonkhor local market. As his business got expanded, the business is being circulated 5-6 times per month.

      With a loan of 15 million, Choijilsuren will be able to enhance his working capital. His truck has a good capacity to transport with large quantity so by increasing working capital he can transport bigger quantity to increase the business productivity.

      Company nameVision Fund Mongolia
      CEOChoijilsuren Sumiyabazar
      Founded2006-01-01
      LocationUlaanbaatar
      SectorDistribution and Processing
      Turnover€19,230.76
      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

      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.