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MongoliaDamdinsuren Dorj
With a loan of EUR 6,800 greengrocer Damdinsuren will be able to expand his vegetable store.
€6,800
Amount
3.00%
Interest
18 months
Maturity
6 months
Repayments
EUR
Currency| Amount | €6,800 |
| Interest | 3.00% |
| Maturity | 18 months |
| Repayments | 6 months |
| Currency | EUR |
Fully funded in 21 hours on 7 December 2015.
The project
Damdinsuren is a greengrocer who runs a business in vegetable wholesale for last 15 years. He buys fresh healthy vegetables from local farmers and big companies and sell at the Bars, the local trade centre. With a loan of 15 million tugriks, Damdinsuren will be able to expand his working capital storing large quantity of vegetables.
Lendahand will provide this loan to Damdinsuren together with local partner VFM. The loan has to be repaid in 18 months.
| Company name | Vision Fund Mongolia |
| CEO | Damdinsuren Dorj |
| Founded | 2000-01-01 |
| Location | Ulaanbaatar city |
| Sector | Wholesale / Retail |
| Turnover | €13,831.25 |
| 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