MongoliaUrlug Zelme LLC
With a loan of EUR 4,400 Oyungerel will be able to increase her working capital as well as types of products.
€4,400
3.00%
24 months
6 months
EUR
Currency| Amount | €4,400 |
| Interest | 3.00% |
| Maturity | 24 months |
| Repayments | 6 months |
| Currency | EUR |
The project
Oyungerel, the mother of two children, runs a grocery business for the last 10 years. She established Urlug Zelme LLC in 2005, which operates in several fields including grocery sale and building maintenance. She opened Tergel grocery store renting a building extension and gets products loaded from the capital city Ulaanbaatar. Today this grocery business makes profit of 3 million tugrik on monthly basis.
With a loan of 10 million tugrik, Oyungerel will be able to increase her working capital as well as types of products.
Lendahand will provide a loan to Oyungerel together with local partner VFM. The loan has to be repaid in 24 months.
| Company name | Vision Fund Mongolia |
| CEO | Oyungerel Chadraabal |
| Founded | 2005-01-01 |
| Location | Erdenet city |
| Sector | Wholesale / Retail |
| Turnover | €44,444.44 |
| 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
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 Urlug Zelme LLC
Derkjan van Veen