Mongolia
Udval Namhai
With a loan of EUR 4,600 Udval is able to invest in a new market stall so she can boost her sales levels.
€4,600
Amount
3.00%
Interest
24 months
Maturity
6 months
Repayments
EUR
CurrencyAmount | €4,600 |
Interest | 3.00% |
Maturity | 24 months |
Repayments | 6 months |
Currency | EUR |
Fully funded in 6 days on 30 November 2015.
Summary
Udval runs clothing business selling women's clothing and winter coats for the fifth year. She rents a stall at the Khar Khorin, the local trade market in Ulaanbaatar city. For the winter coats, she sews by herself and as winter season comes needs are high and orders keep growing.
With a loan, Udval will be able to expand her business by purchasing a new stall in the market and increase the types of her products. Together with local partner VFM Lendahand will provide a loan that has to be repaid in 24 months.
Company name | Udval Namhai |
CEO | Udval Namkhai |
Founded | 2010-01-01 |
Location | Ulaanbaatar |
Sector | Wholesale / Retail |
Turnover | €16,997.16 |
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
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We have already contributed to Udval Namhai
Dirk Rentmeester
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investors