MongoliaSukhbaatar Dolgorsuren
With a loan of EUR 4,000 Sukhbaatar will be able to expand his wood business and hire 2 more employees.
€4,000
3.75%
48 months
6 months
EUR
Currency| Amount | €4,000 |
| Interest | 3.75% |
| Maturity | 48 months |
| Repayments | 6 months |
| Currency | EUR |
The project
Sukhbataar lives with his wife in Tuv province, Mongolia. He runs wooden production with his wife. He makes traditional wooden furniture. Also in summer time, he builds and repairs houses by people’s order. He has started his business since 2003. So he has long time experience and constant customers. He can afford his family by his business profit. In summer time, he has more working load, so he hires his brothers and brother in law and pays to them.
With a loan of 10 million tugrik, he will be able to expand his business and hire 2 more employees.
| Company name | Vision Fund Mongolia |
| CEO | Sukhbaatar Dolgorsuren |
| Founded | 2003-01-01 |
| Location | Tuv province |
| Sector | Manufacturing / Production |
| Turnover | €124,130 |
| Employees | 1 |
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