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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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MongoliaSosorbaram Daram
With a loan of EUR 2,400 Sosorbaram is able to expand his workshop and hire an additional worker.
€2,400
4.00%
24 months
6 months
EUR
Currency| Amount | €2,400 |
| Interest | 4.00% |
| Maturity | 24 months |
| Repayments | 6 months |
| Currency | EUR |
Summary
Sosorbaram runs business in processing raw hides and leather skins. He buys raw hides from local herders living in nearly soums collecting them by truck, and then manufactures a final products for sale or supply for sheepskin factories.
Currently, he has two more workers to assist him in processing hides. With a loan, Sosorbaram will be able to expand his workplace as orders are keep rising and he will be able to hire an additional worker.
Lendahand and local partner VFM will provide a loan that has to be repaid in 24 months.
| Company name | Sosorbaram Daram |
| CEO | Sosorbaram Daram |
| Founded | 2011-01-01 |
| Location | Ulaanbaatar |
| Sector | Distribution and Processing |
| Turnover | €23,551.57 |
| Employees | 2 |
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
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We have already contributed to Sosorbaram Daram
Moniek van den Berg