Davaatseren Rentsen
With a loan of EUR 8,800 Davaatseren can sell her (hair) products also on the market in Ulaanbataar.
€8,800
4.00%
24 months
6 months
EUR
CurrencyAmount | €8,800 |
Interest | 4.00% |
Maturity | 24 months |
Repayments | 6 months |
Currency | EUR |
The project
Davaatseren is a hairdresser in Ulaanbaatar city and runs hair dressing salon and small household store together inside. There are 4 hairdresser and one seller. Moreover, she orders salon products and household products from South Korea.
With a loan of 20 million tugriks, Davaatseren will be able to purchase the goods by herself increasing the types of products from Korea, employ 2 more sellers and rent one more stall at the Narantuul local market.
Lendahand will provide the loan to Davaatseren together with local partner VFM. The loan has to be repaid in 24 months.
Company name | Vision Fund Mongolia |
CEO | Davaatseren Rentsen |
Founded | 1997-01-01 |
Location | Ulaanbaatar |
Sector | Services |
Turnover | €11,052.16 |
Employees | 6 |
Impact
There is currently no information available for this section. Check the Summary tab for more details.
- With this investment 2 jobs are created
- With this investment 8 lives are improved