First investment? Get €500 guaranteed with code GOODSTART.
Find out how
funding gap emerging markets
Mongolia

Cheju Kimchi LLC

  • Vision Fund Mongolia
  • Invest in a Financial Institution
  • + 11 other investors
  • With a loan of EUR 4,000 Nasandelger will be able to work with the big supermarkets in the city.

    €4,000
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€4,000
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 21 hours on 17 February 2016.

      Summary

      Nasandelger makes Kimchi, a traditional fermented Korean side dish made of vegetables with a variety of seasonings as Korean food became well known and widely used in Mongolia. She opened her own company Cheju Kimchi three years ago with the support of her two younger sisters in Nalaikh city and currently provide small grocery stores with delicious and fresh kimchis. 

      With a loan of 9 million tugrik, Nasandelger will be able to increase her working capital, work with the big supermarkets in the city making an agreement with them and hire one more employee.

      Lendahand will provide a loan to Nasandelger together with local partner VFM. The loan has to be repaid in 24 months.

      Company nameCheju Kimchi LLC
      CEONasandelger Avarzed
      Founded2013-01-01
      LocationNalaikh city
      SectorManufacturing / Production
      Turnover€47,893.56
      Employees3

      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

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      We have already contributed to Cheju Kimchi LLC

      Annelies Braakman
      Gioberto Balinge
      + and another
      11
      investors