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Receive a €500 GUARANTEE on your first investment
Code GOODSTART is valid until 31 December
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MongoliaTsend-Ayush
With a loan of EUR 3,800 Tsend-Ayush will be able to purchase orders for winter hats including beanies.
€3,800
4.00%
24 months
6 months
EUR
Currency| Amount | €3,800 |
| Interest | 4.00% |
| Maturity | 24 months |
| Repayments | 6 months |
| Currency | EUR |
Summary
Tsend-Ayush mother of two, sells hats and caps renting a stall at one of the biggest trade centre called Altan sags in Darkhan, the second large city in Mongolia. As Mongolia has four seasons, she has been selling various types of hats for 7 years. Her stall is the only one specialized in hats and caps at trade centre so needs are high and number of customers keep increasing.
With a loan, Tsend-Ayush will be able to purchase orders for winter hats including beanies, sable and fox fur hats importing from China. Moreover she wants to expand her business by opening her own shop and hire employee to reach more customers in the community of Darkhan.
Lendahand will provide the loan to Tsend-Ayush together with local partner VFM. The loan has to be repaid in 24 months.
| Company name | Tsend-Ayush |
| CEO | Tsend Dugersuren |
| Founded | 2008-01-01 |
| Location | Darkhan |
| Sector | Wholesale / Retail |
| Turnover | €7,511.73 |
| Employees | 1 |
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