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funding gap emerging markets
Mongolia

Baasandemberel

  • Vision Fund Mongolia
  • Invest in microfinance
  • + 10 other investors
  • With a loan of EUR 3,800 ​Baasandemberel will be able to buy more construction materials and expand her business.

    €3,800
    Amount
    3.50%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€3,800
    Interest3.50%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 16 hours on 28 November 2016.

      The project

      Baasandemberel runs a business in construction repair service for the past 10 years in Darkhan city. She repairs apartment entryways receiving orders from individuals and contracted companies or organizations.

      With a loan Baasandemberel will be able to expand her business and enhance her working capital to purchase construction material supplying more needs from her customers.

      Local partner VFM provides a loan to Baasandemberel that must be repaid within 24 months. 

      Company nameVision Fund Mongolia
      CEOBaasandemberel Damdinlkham
      Founded2006-01-01
      LocationDarkhan city
      SectorServices
      Turnover€82,819.72
      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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