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funding gap emerging markets
Mongolia

Munkhzul Galgerel

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 2 other investors
  • With EUR 4,600 Munkhzul will be able to enhance her working capital and get repair and check-up service for the vans.

    €4,600
    Amount
    3.50%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,600
    Interest3.50%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 11 hours on 24 November 2016.

      The project

      Munkhzul, the mother of two, runs a business in transportation service for the past 6 years in Ulaanbaatar. She runs two vans along the public transit direction serving the public. As her business got expanded, now she has an additional worker as a driver.

      With a loan of 12 million tugrik, Munkhzul will be able to enhance her working capital, and get repair and check-up service for the vans in order to provide safe service for the customers as winter is coming.

      Company nameVision Fund Mongolia
      CEOMunkhzul Galgerel
      Founded2010-01-01
      LocationUlaanbaatar
      SectorServices
      Turnover€13,824.88
      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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