Fohat LLC

1er investissement ? 500 € garantis avec le code GOODSTART.

Mongolie

Fohat LLC

Golomt Bank

Investir dans la microfinance

+ 50 autres investisseurs

With a loan of EUR 12,250 Batsoyombo can add 3 more growing rooms and hire additional 1 logistic worker with a small delivery truck.

€12 250

Montant

2,50%

Intérêt

24 mois

Maturité

6 mois

Remboursements

EUR

Devise

Montant	€12 250
Intérêt	2,50%
Maturité	24 mois
Remboursements	6 mois
Devise	EUR

100%

Entièrement financé en 5 jours sur 17 Avril 2018.

Le projet

Batsoyombo (29), a young entrepreneur who has been involved in small scale agricultural business has always been concerned with the food safety in Ulaanbaatar, Mongolia. As most gross products and greens are imported from China, Ulaanbaatar citizens lack nutritious fresh vegies and usually buy poor quality vegetables throughout the year. Started from the last year, his company started growing Oyster mushrooms and has already been supplying the local market with fresh and organic mushrooms.

Located at the suburban area of Ulaanbaatar city, Batsoyombo has been growing apple trees and other fruit trees and seasonal vegetables at his garden for the last 4 years, however, with extreme climate condition and freezing winter, it was almost impossible to harvest stable yield in Mongolia. After all of those hard works and trials, he started growing vegetable that less sensitive to harsh climate condition, a mushrooms. Inside the winter green house, he has turned the basement floor of 270 square meters in to compost preparing area and growing rooms, where he is able to yield 5-10kg mushrooms daily.

With continually growing demand from retail customers, the company has decided to increase the capacity to 25kg per day by adding 3 more growing rooms and to hire additional 1 logistic worker with a small delivery truck.

In order to reach this goal, Batsoyombo seeks to borrow MNT 36 million and become one of the pioneers in Mushroom business in the country.

Nom de l’entreprise	Golomt Bank
PDG	Batsoyombo Batchuluun
Création	2010-01-01
Lieu	Ulaanbaatar, Mongolia
Secteur	Agriculture
Chiffre d'affaires	€20 435,96
Employés	5

Impact

Small and Medium Enterprises (SMEs) are important contributors to job creation and economic growth in emerging markets. However, access to financing is a key constraint to SME growth, as about half of them don't have access to formal credit. In Mongolia, Golomt Bank serves nearly 80% of the corporate market. They were the first commercial bank in the country to issue small business loans. Golomt Bank accelerated the development of mobile banking in Mongolia by introducing smart banking services in the local financial sector.

Financial support enables Mongolian entrepreneurs to increase their professional activity, resulting in job creation and improved living conditions.

Golomt Bank is a member of the United Nations Environmental Program Finance Initiative (UNEP FI). This partnership helps create a financial sector that serves people and the planet and mobilizes private sector finance for sustainable development. The bank has a "Sustainable Development Policy" in which they implement the SDGs in all its operations. For example, improving their waste management, increasing the number of roads for wheelchair users in their offices, and cooperating with environmentally friendly organizations.