Bayarmaa Radnaabazar
With EUR 3,000 Bayarmaa is able to import more mobile phones in order to supply the rapidly rising demand.
€3,000
4.00%
24 months
6 months
EUR
CurrencyAmount | €3,000 |
Interest | 4.00% |
Maturity | 24 months |
Repayments | 6 months |
Currency | EUR |
The project
Bayarmaa sells brand new mobile phones renting a stall at the Montel trade centre in Ulaanbaatar city. She travels by herself to Mongolia's southern neighbour China and imports lately produced mobile phones from there. With a loan, Bayarmaa will be able to expand her business importing a larger number of mobile phones in order to satisfy local demand. She will also employ an additional worker to assist her with the business.
Together with local partner VFM, Lendahand will provide a loan to Bayarmaa so she can realize her plans. The loan will be repaid in 24 months.
Company name | Vision Fund Mongolia |
CEO | Bayarmaa Radnaabazar |
Founded | 2014-01-01 |
Location | Ulaanbaatar |
Sector | Wholesale / Retail |
Turnover | €8,830.02 |
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