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Code GOODSTART is valid until 31 December
Receive a €500 GUARANTEE on your first investment
Code GOODSTART is valid until 31 December
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MongoliaGantsetseg Danzan
With EUR 2,200 Gantsetseg is able to hire a special truck that allows her to execute her business sustainable.
€2,200
3.00%
12 months
6 months
EUR
Currency| Amount | €2,200 |
| Interest | 3.00% |
| Maturity | 12 months |
| Repayments | 6 months |
| Currency | EUR |
Summary
Gantsetseg, the mother of six, has been working in stone pits since 2014. She is also a member of credit union with other companies in the same industry in the Khentii province.
With a loan, Gantsetseg will be able to rent a truck for land rehabilitation to return the land and make it a more sustainable business. However, her funding need is too large for the credit union to handle.
Therefore will local partner VFM and Lendahand provide a loan to Gantsetseg that has to be repaid in 12 months.
| Company name | Gantsetseg Danzan |
| CEO | Gantsetseg Danzan |
| Founded | 2014-01-01 |
| Location | Ulaanbataar |
| Sector | Manufacturing / Production |
| Turnover | €11,052.16 |
| Employees | 5 |
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