Receive a €500 GUARANTEE on your first investment
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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MongoliaBadamtsetseg Bor
With a loan of EUR 2,200 ?Badamtsetseg will be able to purchase a truck and hire an additional employee.
€2,200
Amount
3.00%
Interest
24 months
Maturity
6 months
Repayments
EUR
Currency| Amount | €2,200 |
| Interest | 3.00% |
| Maturity | 24 months |
| Repayments | 6 months |
| Currency | EUR |
Fully funded in 1 day on 18 December 2015.
Summary
Badamtsetseg runs a business in raw material sales which she started a year ago. She collects used bottles and plastic bottles and then supplies to drink factories.
With a loan of 5 million tugriks, Badamtsetseg plans to purchase a truck and hire an additional employee to boost the efficiency of the business operation.
Local partner VFM and Lendahand will provide this loan to Badamtsetseg. The loan has to be repaid in 24 months.
| Company name | Badamtsetseg Bor |
| CEO | Badamtsetseg Bor |
| Founded | 2014-01-01 |
| Location | Ulaanbaatar |
| Sector | Distribution and Processing |
| Turnover | €7,447.29 |
| 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