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MongoliaChamin Hair&Beauty
With a loan of EUR 2,200 Nandintsetseg will be able to expand her business by hiring one more hairdresser.
€2,200
Amount
3.00%
Interest
24 months
Maturity
6 months
Repayments
EUR
Currency| Amount | €2,200 |
| Interest | 3.00% |
| Maturity | 24 months |
| Repayments | 6 months |
| Currency | EUR |
Fully funded in 2 days on 30 December 2015.
The project
Nandintsetseg is mother of three and opened her "Chamin" or Fancy hair and beauty salon 3 years ago in Chinggis city of Khentii province. She has got 2 workers who are hairdressers.
With a loan of 5 million tugrik, Nandintsetseg will be able to expand her business by hiring one more worker and enhancing working capital.
Lendahand will provide this loan to Nandintsetseg together with local partner VFM. The loan has to be repaid in 24 months.
| Company name | Vision Fund Mongolia |
| CEO | Nandintsetseg Gandorj |
| Founded | 2012-01-01 |
| Location | Chinggis city, Khentii province |
| Sector | Services |
| Turnover | €15,377.57 |
| Employees | 2 |
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