Mongolia

Tsend-Ayush

With a loan of EUR 3,200 Tsend-Ayush is able to preserve more meat and to purchase isolation windows.

  • Local partner investment
  • 1 nieuwe baan
  • 4 mensen bereikt

€3,200

Amount

24 months

Maturity

4.00%

Annual interest
100%
Fully funded in 2 days on 21 November 2015.
+ 8 other investors

Summary

Tsend-Ayush is a widow mother of two sons. She has been running “Undur eej” or “Old mother” café for 11 years at local market in Darkhan, the second-largest city in Mongolia. In the result of years of her efforts, her café is well known in that market serving many people and currently she has 4 staff. 

With a loan, provided by Lendahand together with local partner VFM, Tsend-Ayush will be able to invest more to her café by reserving meat and flour in larger quantities and hire one more employee. Moreover, as winter comes, she wants to replace the cafe windows by vacuum-insulated windows so it is better equipt to handle the harsh winter colds. The loan will have to be repaid in 24 months. 

Company nameTsend-Ayush
CEOTsend Sumyasuren
Founded2004-01-01
LocationDarkhan
SectorServices
Turnover€7,002.80
Employees4

Sorry! U moet ingelogd zijn om deze informatie te bekijken.

Sorry! U moet ingelogd zijn om deze informatie te bekijken.

Sorry! U moet ingelogd zijn om deze informatie te bekijken.

Sorry! U moet ingelogd zijn om deze informatie te bekijken.

We have already contributed for Tsend-Ayush

Frans Wittenberg
+ and another
8
investors