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MongoliaTsogbadrakh Purevsuren
With a loan of EUR 4,000 Tsogbadrakh can buy new clothing styles for his regular customers.
€4,000
Amount
3.75%
Interest
36 months
Maturity
6 months
Repayments
EUR
Currency| Amount | €4,000 |
| Interest | 3.75% |
| Maturity | 36 months |
| Repayments | 6 months |
| Currency | EUR |
Fully funded in 1 day on 20 October 2016.
The project
Tsogbadrakh, the father of two, runs a business in clothes sales renting a stall at the local market for the past 10 years in Ulaanbaatar city. Mostly he sells men clothes and modern style clothes for students.
Because not many shops are specialized clothes for men, male clients mostly choose everything at once. Tsogbadrakh therefore wants to use a loan to enhance his working capital and to order more types of clothes to supply the need of his regular customers.
Local partner VFM will provide a loan that must be repaid in 36 months.
| Company name | Vision Fund Mongolia |
| CEO | Tsogbadrakh Purevsuren |
| Founded | 2006-01-01 |
| Location | Ulaanbaatar city |
| Sector | Wholesale / Retail |
| Turnover | €11,857.70 |
| 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
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