MongoliaKhongorzul Gombo
With EUR 3,600 Khongorzul will be able to increase her working capital and invest into her new business.
€3,600
3.00%
24 months
6 months
EUR
Currency| Amount | €3,600 |
| Interest | 3.00% |
| Maturity | 24 months |
| Repayments | 6 months |
| Currency | EUR |
The project
Khongorzul runs a business in clothing sales renting a stall at the Bumbugur trade center in Ulaanbaatar city. She mostly sells women and men clothes, and winter outfits imported from neighbor country China. However she has been for only two years in the trade business, her business got expanded quickly.
Recently he has got an additional worker as a seller and started to rent one more stall in the same trade center. With a loan Khongorzul will be able to increase her working capital and invest into her new business.
Lendahand will provide the loan to Khongorzul together with local partner VFM. The loan has to be repaid in 24 months.
| Company name | Vision Fund Mongolia |
| CEO | Khongorzul Gombo |
| Founded | 2014-01-01 |
| Location | Ulaanbaatar city |
| Sector | Wholesale / Retail |
| Turnover | €43,996.33 |
| Employees | 1 |
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