Joined: Aug 2010
Posts: 12,689
Likes: 2,094
From: Madison, WI
Bikes: 1961 Ideor, 1966 Perfekt 3 Speed AB Hub, 1994 Bridgestone MB-6, 2006 Airnimal Joey, 2009 Thorn Sherpa, 2013 Thorn Nomad MkII, 2015 VO Pass Hunter, 2017 Lynskey Backroad, 2017 Raleigh Gran Prix, 1980s Bianchi Mixte on a trainer. Others are now gone.
Are you sure that a 38T chainring is big enough (with 11/32 cassette) for flat riding or shallow downhills? I use a 11/32 cassette on several bikes, my derailleur touring bike has a big ring of 46T (triple, 46/42/24) with that cassette.
Not sure if the fenders will fit under the mini-V brakes. I have mini-V brakes on my folding bike, but that is the only bike I do not have fenders on so my experience with mini-Vs is limited. My other rim brake bikes that have fenders have full size V or cantilever brakes.