Baatarsaikhan Dashdeleg

With EUR 4,600 Baatarsaikhan will be able to purchase a large quantity of car spare parts for his garage.

funding gap emerging markets

The project

Baatarsaikhan runs an auto repair shop in Ulaanbaatar city and has a deep experience of around ten years. He provides a service in changing spare parts of cars. His wife is a seamstress and mostly sews Mongolian traditional costumes. 

With a loan of 10 million tugriks, Baatarsaikhan will be able to purchase a large quantity of car spare parts for supply a need, repair his work place in the auto repair shop and support his wife ordering a sewing material for her business.

Lendahand will provide this loan to Baatarsaikhan together with local partner VFM. The loan has to be repaid in 24 months.

Vision Fund Mongolia

CEO
Baatarsaikhan Dashdeleg
Founded
2005-01-01
Location
Ulaanbaatar city
Sector
Services
Turnover
€4,576.65
Employees
1
€4,600raised
Fully funded in 3 days on 31 December 2015.
20investors
Invest in microfinance
€4,600
target
3.0
%
Interest
24
months
Maturity
6
months
Repayments
A
B
C
D
E
Credit score

Impact

1
Jobs created
4
Lives improved