With a loan of EUR 6,600 Enkhbayar will be able to expand his busines and create two more jobs.
Enkhbayar runs a grocery business serving with various types of fresh and good quality products for his community in the capital city Ulaanbaatar. Before that, he used to sell household products renting a stall outside of the local market Narantuul. As his business grew, he opened his own supermarket in the area lack of this type of store and hired an additional worker to assist him.
With a loan of 15 million tugrik, Enkhbayar will be able to expand his business by enhancing working capital and creating two more jobs.
Lendahand will provide a loan to Enkhbayar together with local partner VFM. The loan has to be repaid within 24 months.
|Sector||Wholesale / Retail|
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- With this investment 2 jobs are created
- With this investment 8 lives are improved