Otgonsuren Khaidav
With a loan of EUR 2,200 Otgonsuren will be able to expand his business in meat, fruit and vegetables.
€2,200
3.00%
24 months
6 months
EUR
CurrencyAmount | €2,200 |
Interest | 3.00% |
Maturity | 24 months |
Repayments | 6 months |
Currency | EUR |
The project
Otgonsuren runs a business in butchery and fruit, vegetable sales in Chinggis city of Khentii province for the last three years. He orders fresh vegetables and fruits from the capital city Ulaanbaatar. Also he made contract with one of the big butcher company in the capital and orders meat, sausages on monthly basis with the support of his wife.
With a loan of 5 million tugrik, Otgonsuren will be able to expand his business by increasing his working capital and purchase a big order to serve his community with fresh and good quality products.
Lendahand will provide this loan to Otgonsuren together with local partner VFM. The loan has to be repaid in 24 months.
Company name | Vision Fund Mongolia |
CEO | Otgonsuren Khaidav |
Founded | 2013-01-01 |
Location | Chinggis city |
Sector | Wholesale / Retail |
Turnover | €18,584.07 |
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