funding gap emerging markets
Mongolia

Naranchimeg Dorj

  • Vision Fund Mongolia
  • Local partner investment
  • + 5 other investors
  • With EUR 3,000 Naranchimeg is able to purchase new castings that will allow the business to produce more crafts.

    €3,000
    Amount
    4.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€3,000
    Interest4.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 13 hours on 17 September 2015.
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      Based on all Lendahand historical investments
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      Summary

      Entrepreneur Naranchimeg owns and runs a business in jewellery and crafts. She has a unique position, being the only well-known jeweller in the community of Nalaikh with a loyal customer base.

      There are currently 2 people working in the business that are also taught in making crafts and repairing bracelets and necklaces for example.

      In order to expand her business and cope with the increasing demand, Naranchimeg hopes to purchase new castings so she can make a greater variety of crafts. Lendahand will provide a loan together with local partner VFM that will have to be repaid in 24 months.

      Company nameNaranchimeg Dorj
      CEONaranchimeg Dorj
      Founded2012-01-01
      LocationNalaikh
      SectorManufacturing / Production
      Turnover€13,410.81
      Employees2

      Impact

      There is currently no information available for this section. Check the Summary tab for more.

      • With this investment 1 job is created
      • With this investment 4 lives are improved

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      We have already contributed for Naranchimeg Dorj

      Ron van Eijk
      + and another
      5
      investors