Munkhbold Boldbaatar
With a loan of EUR 2,800 Munkhbold will be able to expand his transportation business in Mongolia.
€2,800
3.00%
24 months
6 months
EUR
CurrencyAmount | €2,800 |
Interest | 3.00% |
Maturity | 24 months |
Repayments | 6 months |
Currency | EUR |
The project
Munkhbold is a driver and runs a business in transportation industry in Chinggis city, the center of Khentii province. He has been working for the last ten years serving his customers between cities and provinces in Mongolia. After gaining deep experience in transportation, Munkhbold wants to expand his business in sales of wood fence panels purchasing from other soums (the second level administrative subdivision below the provinces) with a reasonable price and supply other soums in need to support farmers and herders in building fence or stockyard.
With a loan Munkhbold will be able to expand his business and realize his new business idea.
Lendahand will provide this loan to Munkhbold together with local partner VFM. The loan has to be repaid in 24 months.
Company name | Vision Fund Mongolia |
CEO | Munkhbold Boldbaatar |
Founded | 2006-01-01 |
Location | Chinggis city, Khentii province |
Sector | Services |
Turnover | €35,829.12 |
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