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MongoliaAriunbold Tumurbaatar
With EUR 4,400 Ariunbold is able to acquire a new repair machine that can perform more phone repairs.
€4,400
Amount
4.00%
Interest
48 months
Maturity
6 months
Repayments
EUR
Currency| Amount | €4,400 |
| Interest | 4.00% |
| Maturity | 48 months |
| Repayments | 6 months |
| Currency | EUR |
Fully funded in 3 days on 31 October 2015.
The project
Ariunbold has been operating a business in mobile phone repair service for 9 years. At first, he used to repair at homes receiving a call from his customers. Now he works in Barmon building and employed one new worker.
With a loan Ariunbold will be able to purchase more new mobile phones to supply the needs in the community and purchase mobile phone repair equipment machine and employ one more worker.
Lendahand will provide the loan together with local partner VFM. The loan has to be repaid in 48 months.
| Company name | Vision Fund Mongolia |
| CEO | Ariunbold Tumurbaatar |
| Founded | 2006-01-01 |
| Location | Ulaanbaatar |
| Sector | Services |
| Turnover | €30,946.06 |
| 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 Ariunbold Tumurbaatar
Ron van Eijk+ and another
10
investors