Mongolia
Sosorbaram Daram
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
CurrencyAmount | €2,400 |
Interest | 4.00% |
Maturity | 24 months |
Repayments | 6 months |
Currency | EUR |
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 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 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