Gantogtokh Jamts
With EUR 3,000 Gantogtokh is able to buy 3 new refrigerators for her grocery store and hire 1 additional worker.
€3,000
4.00%
24 months
6 months
EUR
CurrencyAmount | €3,000 |
Interest | 4.00% |
Maturity | 24 months |
Repayments | 6 months |
Currency | EUR |
The project
Gantogtokh runs a quite successful grocery store in which food and several commodities are sold. It is been a few years back since she started the business, and it seems like she will be running it for a little while longer.
There are currently two employees working for Gantogtokh that assist her in some operational tasks. This enables the owner to focus on customer satisfaction and the business future, which looks pretty good and allows her to think of expansion.
Therefore she would like to acquire 3 new refrigerators to store meat in. Together with local partner VFM, Lendahand will provide her with a loan in order to realize her ambition. The loan will be repaid in 24 months.
Company name | Vision Fund Mongolia |
CEO | Gantogtokh Jamts |
Founded | 2002-01-01 |
Location | Ulaanbaatar |
Sector | Wholesale / Retail |
Turnover | €35,762.18 |
Employees | 2 |
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