Cheju Kimchi LLC
With a loan of EUR 4,000 Nasandelger will be able to work with the big supermarkets in the city.
€4,000
3.00%
24 months
6 months
EUR
CurrencyAmount | €4,000 |
Interest | 3.00% |
Maturity | 24 months |
Repayments | 6 months |
Currency | EUR |
The project
Nasandelger makes Kimchi, a traditional fermented Korean side dish made of vegetables with a variety of seasonings as Korean food became well known and widely used in Mongolia. She opened her own company Cheju Kimchi three years ago with the support of her two younger sisters in Nalaikh city and currently provide small grocery stores with delicious and fresh kimchis.
With a loan of 9 million tugrik, Nasandelger will be able to increase her working capital, work with the big supermarkets in the city making an agreement with them and hire one more employee.
Lendahand will provide a loan to Nasandelger together with local partner VFM. The loan has to be repaid in 24 months.
Company name | Vision Fund Mongolia |
CEO | Nasandelger Avarzed |
Founded | 2013-01-01 |
Location | Nalaikh city |
Sector | Manufacturing / Production |
Turnover | €47,893.56 |
Employees | 3 |
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