Badamragchaa
With EUR 4,400 Jamiyan and his wife are able to invest in a new truck for their transportation business.
€4,400
3.00%
24 months
6 months
EUR
CurrencyAmount | €4,400 |
Interest | 3.00% |
Maturity | 24 months |
Repayments | 6 months |
Currency | EUR |
Summary
Jamiyan is father of two and lives in Nalaikh city with his family. This is where Nalaikh coal deposit center is located which supllies 70% of the people living in a ger (traditional Mongolian tent) for fuel. Together with his wife, Jamiyan owns a business in transportation service.
They deliver coal to customers in the capital city by small truck during the winter season because of the high demand. During the summer focus on selling construction materials such as sand and gravel. As their business is growing, Jamiyan plans to expand by investing in a new truck and for his wife to obtain a drivers license as well
With a loan Jamiyan will be able to purchase an extra truck to boost efficiency and expand the business. Together with local partner VFM will Lendahand provide a loan that has to be repaid in 24 months.
Company name | Badamragchaa |
CEO | Jamiyan Badamragchaa |
Founded | 2010-01-01 |
Location | Nalaikh city, Mongolia |
Sector | Services |
Turnover | €37,433.15 |
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