Sukhbat Bayarsaikhan
With a loan of 8,600 EUR Sukhbat can open an additional clothing store and hire a new employee.
€8,600
3.75%
36 months
6 months
EUR
CurrencyAmount | €8,600 |
Interest | 3.75% |
Maturity | 36 months |
Repayments | 6 months |
Currency | EUR |
The project
Sukhbat runs a business in clothing sales with the support of his wife for the past 11 years in Ulaanbaatar city. He imports office clothes and workwears for female and male both from Korea. He rents a stall at the local trade center and his wife supports him standing at the stall. As his business got expanded, he plans to rent one more stall at another trade center.
With a loan Sukhbat will be able to enhance his working capital and hire additional employee as he is planning to open one more stall.
Local partner VFM will provide Sukhbat with a loan that must be repaid in 36 months.
Company name | Vision Fund Mongolia |
CEO | Sukhbat Bayarsaikhan |
Founded | 2005-01-01 |
Location | Ulaanbaatar city |
Sector | Wholesale / Retail |
Turnover | €43,290.04 |
Employees | 1 |
Impact
There is currently no information available for this section. Check the Summary tab for more details.
- With this investment 3 jobs are created
- With this investment 12 lives are improved