MongoliaMunkhzorig Bashaa
With a loan of EUR 2,200 Munkhzorig is able to buy new parts for his truck and hire an additional driver.
€2,200
3.00%
12 months
6 months
EUR
Currency| Amount | €2,200 |
| Interest | 3.00% |
| Maturity | 12 months |
| Repayments | 6 months |
| Currency | EUR |
The project
Munkhzorig started a transportation business using a heavy truck 2 years ago. Because he quite often has to drive for over 24 hours to distant places, he hired an additional driver to help him during those long drives.
In order to provide a reliable service for his clients, he maintains long-term contracts to keep everybody happy and his regular clients close.
With a loan, Munkhzorig will be able to purchase new parts for his truck as some parts need to be fixed or replaced and hire an additional emplyee. Together with local partner VFM will Lendahand provide a loan to Munkhzorig that has to be repaid in 12 months.
| Company name | Vision Fund Mongolia |
| CEO | Munkhzorig Bashaa |
| Founded | 2014-01-01 |
| Location | Zaamar soum, Tuv province |
| Sector | Services |
| Turnover | €6,573.18 |
| 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