Gankhuu Mangal

With EUR 3,600 Gankhuu is able to expand the diversity of his product offering as demand grows.

funding gap emerging markets

Verkefnið

Gankhuu has been running a business in cosmetic for two years. After retiring from Erdenet mining corporation, Gankhuu desired to build his own business. He found out that representative office of Mild costemics, the Japanese brand, was planning to expand its chain stores in rural areas and suggested to open one in Erdenet city, the third-largest city of Mongolia. 

The Japanese company granted his request. He therefore rented a stall at one of the main trade center in the city and hired an employee who is professionally trained by Mild cosmetics. 

With a loan Gankhuu will be able to expand his business by increasing working capital and importing more types of beauty products from Japan. The loan will be repaid in 24 months.

Vision Fund Mongolia

For the term "CEO," the appropriate translation in Icelandic is "forstjóri."
Gankhuu Mangal
Stofnað
2013-01-01
Staðsetning
Erdenet
Geiri
Heildsala / Smásala
Velta
€11,671.33
Starfsfólk
1
€3,600safnað
Fullfjármagnað á 2 dögumá 19 November 2015.
10fjárfestar
Fjárfestu í örfjármögnun
€3,600
markmið
4.0
%
Áhugi
24
mánuðir
Gjaldagi
6
mánuðir
Endurgreiðslur
A
B
C
D
E
Kreditmat

Áhrif

1
Störf sköpuð
4
Bætt líf