Oyunchimeg Banzragch
With a loan of EUR 4,400 Oyunchimeg can expand her stall at the market where she sells diary products.
€4,400
4.00%
24 months
6 months
EUR
CurrencyAmount | €4,400 |
Interest | 4.00% |
Maturity | 24 months |
Repayments | 6 months |
Currency | EUR |
The project
Oyunchimeg has been making delicious dairy products from creamy yoghurt to mouth watering dried curds, cheese and sour cream for 10 years utilizing her skills she learned from her nomadic lifestyle in the countryside. She sells dairy products at the food market renting a small stall and wants to open her own new butchery expanding her business sector. With a loan of 10,000,000 tugriks, Oyunchimeg will be able to hire employee, rent one more stall at the market to serve more people in the community of Khentii province and realize her dream.
Lendahand will provide this loan to Oyunchimeg together with local partner VFM. The loan has to be repaid in 24 months.
Company name | Vision Fund Mongolia |
CEO | Oyunchimeg Banzragch |
Founded | 2005-01-01 |
Location | Chinggis Khaan city, Khentii province |
Sector | Manufacturing / Production |
Turnover | €6,705.40 |
Employees | 1 |
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