Urjih Tavan Erdene
With EUR 2,200 Erbat is able to increase the storage capacity of his butchery and keep more fresh meat.
€2,200
3.00%
12 months
6 months
EUR
CurrencyAmount | €2,200 |
Interest | 3.00% |
Maturity | 12 months |
Repayments | 6 months |
Currency | EUR |
Summary
Erbat established his butchery company "Urjih Tavan Erdene" with the support of his wife in 2009. First they started to work by themselves and today they have got 5 employees.
The entrepreneur purchases meat from local contracted herders and then supplies to supermarkets and grocery shops serving with fresh meat products including dumplings and buuz* (traditional mongolian food). Moreover, he rents a stall at "Khuleg" local grocery market.
With a loan, Erbat will be able to expand his preservation capacity for his supplies and to offer a more diverse range of products in the community. Lendahand will provide a loan together with local partner VFM, which will have to be repaid in 12 months.
Company name | Urjih Tavan Erdene |
CEO | Erbat Damdinpurev |
Founded | 2009-01-01 |
Location | Erdenet |
Sector | Distribution and Processing |
Turnover | €4,574.56 |
Employees | 5 |
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