Bat-Erdene Geleg
With EUR 2,200 Bat-Erdene will be able to acquire an additional taxi car and to hire an extra driver.
€2,200
4.00%
24 months
6 months
EUR
CurrencyAmount | €2,200 |
Interest | 4.00% |
Maturity | 24 months |
Repayments | 6 months |
Currency | EUR |
The project
Bat-Erdene worked a few years for a transport business. After some years of gaining experience, he decided to start his own company. 15 years have passed since he started his own taxi service.
Since then he hired one additional driver, but the entrepreneur has made some great deals. For example, he cooperates with schools in the area to drive the children back home. This resulted in more clients.
In order to cope with the growth of the business, he would like to acquire an extra vehicle and to hire an extra driver. Lendahand, together with local partner VFM, will provide a loan in order to facilitate the acquisition. The loan will be repaid in 24 months.
Company name | Vision Fund Mongolia |
CEO | Bat-Erdene Geleg |
Founded | 2000-01-01 |
Location | Darkhan city, Darkhan-Uul province |
Sector | Services |
Turnover | €2,413.94 |
Employees | 2 |
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