MongoliaDechinlkham
With EUR 2,600 Dechinlkham is able to import more phones from China and expand his business.
€2,600
3.00%
24 months
6 months
EUR
Currency| Amount | €2,600 |
| Interest | 3.00% |
| Maturity | 24 months |
| Repayments | 6 months |
| Currency | EUR |
The project
Dechinlkham owns a business in selling mobile phones by renting a stall at the Tedy mobile services center in Ulaanbaatar city. The phones are imported from neighbouring China. Besides this enterprise, he also owns a business in selling meat during the winter. Dechinlkham procures the raw meat by local herders in the area.
With a loan he will be able to enhance his working capital and hire an additional employee to expand the business. In the future, he wishes to start exporting high quality meat to China.
Together with local partner VFM will Lendahand provide a loan to Dechinlkham that has to be repaid in 24 months.
| Company name | Vision Fund Mongolia |
| CEO | Dechinlkham Sandaikhuu |
| Founded | 2011-01-01 |
| Location | Ulaanbaatar |
| Sector | Wholesale / Retail |
| Turnover | €8,908.68 |
| 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