MongoliaGarid-Ochirnyam LLC
With a loan of EUR 4,000 Nyamkhuu is able to build an additional workshop en produce more cashmere products.
€4,000
3.00%
24 months
6 months
EUR
Currency| Amount | €4,000 |
| Interest | 3.00% |
| Maturity | 24 months |
| Repayments | 6 months |
| Currency | EUR |
The project
Nyamkhuu , mother of two, runs a small cashmere products manufactory in Ulaanbaatar city. She opened her company Garid-Ochirnyam LLC and as her business grow, currently she has 8 employees at the manufactory in the backyard. Winter is the most productive time of the year and supplies to local markets and shops making contract with them, and in summer she helps her husband with construction work.
With a loan of 10 million tugrik, Nyamkhuu will be able to expand her business building additional workshop building in the backyard and hire more people in order to run manufacture either in summer .
| Company name | Vision Fund Mongolia |
| CEO | Nyamkhuu Tsedenbaljir |
| Founded | 2006-01-01 |
| Location | Ulaanbaatar |
| Sector | Manufacturing / Production |
| Turnover | €40,176.77 |
| Employees | 8 |
Impact
There is currently no information available for this section. Check the Summary tab for more details.
- With this investment 2 jobs are created
- With this investment 8 lives are improved