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funding gap emerging markets
Mongolia

Sosorbaram Daram

  • Vision Fund Mongolia
  • Invest in a Financial Institution
  • + 7 other investors
  • With a loan of EUR 2,400 Sosorbaram is able to expand his workshop and hire an additional worker.

    €2,400
    Amount
    4.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€2,400
    Interest4.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 2 days on 22 November 2015.

      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 nameSosorbaram Daram
      CEOSosorbaram Daram
      Founded2011-01-01
      LocationUlaanbaatar
      SectorDistribution and Processing
      Turnover€23,551.57
      Employees2

      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 Sosorbaram Daram

      Moniek van den Berg
      + and another
      7
      investors