MongoliaAriuntuya Munkhdelger
With EUR 2,600 Ariuntuya is able to acquire new sewing machines for her business and hire an additional worker.
€2,600
4.00%
24 months
6 months
EUR
Currency| Amount | €2,600 |
| Interest | 4.00% |
| Maturity | 24 months |
| Repayments | 6 months |
| Currency | EUR |
The project
Ariuntuya has five years of experience in sewing sector. What started as a hobby soon resulted in her own business.
She started alone with just 2 sewing machines. Today she has 4 workers and 5 machines running her own workshop. And the business is still growing, as is the market business she is in. Therefore she plans to buy more machines and hire a new worker.
She lacks honest funding though. And that is where Lendahand and our local partner VFM step in by providing a loan together. Ariuntuya will have to repay the loan in 24 months.
| Company name | Vision Fund Mongolia |
| CEO | Ariuntuya Munkhdelger |
| Founded | 2010-01-01 |
| Location | Ulaanbaatar |
| Sector | Manufacturing / Production |
| Turnover | €13,410.81 |
| Employees | 4 |
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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We have already contributed to Ariuntuya Munkhdelger
Ron van Eijk