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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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MongoliaNarangerel Tsagaach
With EUR 2,200 Narangerel is able to satisfy the high demand for underwear during the holiday season.
€2,200
3.00%
24 months
6 months
EUR
Currency| Amount | €2,200 |
| Interest | 3.00% |
| Maturity | 24 months |
| Repayments | 6 months |
| Currency | EUR |
Summary
Narangerel owns a business that sells clothing at a stall at Khangain Bus local trade centre in Erdenet city. The previous 5 years she worked as a saleswoman for another company at the market where she learned a lot.
About a year ago she decided to start her own business selling outwears, sports clothing and underwear. She imports the clothing from China per quarter by visiting the neighboring country.
With a loan, Narangerel is able to increase the types of products and import a much larger order from China as New Years holiday is drawing closer. Lendahand will provide a loan together with local partner VFM, which will have to be repaid in 24 months.
| Company name | Narangerel Tsagaach |
| CEO | Narangerel Tsagaach |
| Founded | 2014-01-01 |
| Location | Erdenet |
| Sector | Wholesale / Retail |
| Turnover | €4,574.56 |
| 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
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We have already contributed to Narangerel Tsagaach
Roderik Emmerink