Shar Tal
With a loan of EUR 14,000 Battur will be able to repair the first floor in the building to expand the grocery store.
€14,000
4.00%
36 months
6 months
EUR
CurrencyAmount | €14,000 |
Interest | 4.00% |
Maturity | 36 months |
Repayments | 6 months |
Currency | EUR |
The project
Battur is young entrepreneur who runs a grocery store called Shar tal or Yellow steppe in Ulaanbaatar city. He inherited this grocery store with building from his mother after she passed away in 2014 and he has been successfully running the store as he used to help sicne his he was a child.
With a loan of 30 million tugriks, Battur will be able to increase the working capital and finish repair the first floor in the building to expand the grocery store.
Lendahand will provide this loan to Battur together with local partner VFM. The loan has to be repaid in 36 months.
Company name | Vision Fund Mongolia |
CEO | Battur Tsogbadrakh |
Founded | 1994-01-01 |
Location | Ulaanbaatar |
Sector | Wholesale / Retail |
Turnover | €140,845.07 |
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