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MongoliaUrantsetseg Bor
With a loan of EUR 2,400 Urantsetseg will be able to expand her business by importing a big order.
€2,400
Amount
3.00%
Interest
24 months
Maturity
6 months
Repayments
EUR
Currency| Amount | €2,400 |
| Interest | 3.00% |
| Maturity | 24 months |
| Repayments | 6 months |
| Currency | EUR |
Fully funded in 2 days on 24 December 2015.
The project
Urantsetseg, the mother of three, runs a business in wholesales renting a stall at the Khangain Bus trade center in Erdenet city. She sells household goods including blanket, cloth, carpet which she imports from Beijing and Elian cities of China.
With a loan of 5,5 million tugrik, Urantsetseg will be able to expand her business by importing a big order of goods and increase the number and types of household products for sale.
Lendahand will provide the loan to Urantsetseg together with local partner VFM. The loan has to be repaid in 24 months.
| Company name | Vision Fund Mongolia |
| CEO | Urantsetseg Bor |
| Founded | 2014-01-01 |
| Location | Erdenet city |
| Sector | Wholesale / Retail |
| Turnover | €23,052.09 |
| 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