Narantset Gombodorj
With a loan of EUR 4,400 Narantsetseg will be able to prepare more firewoods for winter wholesale.
€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
Narantsetseg sells chopped firewood at the Oin Burged (Forest eagle) local market for ten years. As Mongolia has harsh winter, needs for firewood for those who live in Ger (traditional dwelling) is high. Currently there are three workers who chops firewood and prepares for sale. With a loan Narantsetseg will be able to prepare more firewoods for winter wholesale, employ 3 more workers and expand her products making wooden plank for sale.
Lendahand will provide the loan to Doljinsuren together with local partner VFM. The loan has to be repaid in 24 months.
Company name | Vision Fund Mongolia |
CEO | Narantset Gombodorj |
Founded | 2005-01-01 |
Location | Ulaanbaatar |
Sector | Wholesale / Retail |
Turnover | €4,420.86 |
Employees | 3 |
Impact
There is currently no information available for this section. Check the Summary tab for more details.
- With this investment 3 jobs are created
- With this investment 12 lives are improved