Mongolia
Kherlen Jigjid
With a loan of EUR 2,600 Kherlen is able to invest in a car for the transport of the goods for his clothing shop.
€2,600
Amount
4.00%
Interest
24 months
Maturity
6 months
Repayments
EUR
CurrencyAmount | €2,600 |
Interest | 4.00% |
Maturity | 24 months |
Repayments | 6 months |
Currency | EUR |
Fully funded in 2 days on 30 October 2015.
Summary
Kherlen, father of two, sells undergarments and wool socks renting a stall at the Kharkhorin local market for more than 10 years with his wife.
His first loan started from around 200$. He imports goods from Northern neighbor country China or buys from local factories.
With a loan, Kherlen will be able to purchase a car for loading goods. Together with local partner VFM Lendahand will provide the entrepreneur with a loan that has to be repaid in 24 months.
Company name | Kherlen Jigjid |
CEO | Kherlen Jigjid |
Founded | 2002-01-01 |
Location | Ulaanbaatar |
Sector | Wholesale / Retail |
Turnover | €3,536.69 |
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
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We have already contributed to Kherlen Jigjid
Ron van Eijk
Hans Bierhuis
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investors