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MongoliaBudkhand Mogoldoi
With EUR 4,600 Budkhand will be able to expand her business by renting one more stall at the trade center.
€4,600
Amount
3.00%
Interest
24 months
Maturity
6 months
Repayments
EUR
Currency| Amount | €4,600 |
| Interest | 3.00% |
| Maturity | 24 months |
| Repayments | 6 months |
| Currency | EUR |
Fully funded in 5 days on 27 December 2015.
The project
Budkhand runs a business in clothes sales renting a stall at Altjin Bumbugur local trade center in Ulaanbaatar city for the last three years. She mostly sells female dresses, underwear and pajamas imported from China.
With a loan of 10 million tugriks, Budkhand will be able to expand her business renting one more stall at the trade center and hire one more additional employee to assist her.
Lendahand will provide a loan to Budkhand together with local partner VFM. The loan has to be repaid in 24 months.
| Company name | Vision Fund Mongolia |
| CEO | Budkhand Mogoldoi |
| Founded | 2012-01-01 |
| Location | Ulaanbaatar |
| 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
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We have already contributed to Budkhand Mogoldoi
Ton SchroerBas Kleijnen+ and another
10
investors