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MongoliaLkhagvatseren Narangerel
With a loan of EUR 2,000 Lkhagvatseren can repair and expand his garage and store more cars of his transportation service.
€2,000
Amount
3.50%
Interest
24 months
Maturity
6 months
Repayments
EUR
Currency| Amount | €2,000 |
| Interest | 3.50% |
| Maturity | 24 months |
| Repayments | 6 months |
| Currency | EUR |
Fully funded in 14 hours on 19 October 2016.
The project
Lkhagvatseren has been running a business in transportation services one year now. He serves the public with his private van between the rural area of Bayankhoshuu area and the Narantuul local market. He recently has got a new employee as the business efficiency has increased.
With a loan Lkhagvatseren will be able to repair and expand his garage in order to store more vehicles in the further.
Local partner VFM will provide a loan to Lkhagvatseren that must be repaid in 24 months.
| Company name | Vision Fund Mongolia |
| CEO | Lkhagvatseren Narangerel |
| Founded | 2015-01-01 |
| Location | Ulaanbaatar city |
| Sector | Services |
| Turnover | €6,393.05 |
| 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