MongoliaOrkhontuya Munkhbat
With a loan of EUR 2,600 Orkhontuya will be able to enhance her working capital to expand her business.
€2,600
3.00%
24 months
6 months
EUR
Currency| Amount | €2,600 |
| Interest | 3.00% |
| Maturity | 24 months |
| Repayments | 6 months |
| Currency | EUR |
The project
Orkhontuya, the mother of three, runs a business in providing mobile phone repair renting as stall at the Och trade centre in Kherlen soum of Khentii province. She is very experienced in this sector as she started this business 12 years ago and well known in her community. Her son learned how to repair mobile phone from mother and also started to support her.
With a loan of 6 million tugrik, Orkhontuya will be able to enhance her working capital to expand her business and invest for building a yard for her house as they recently moved from dormitory.
Lendahand will provide a loan to Orkhontuya together with local partner VFM. The loan has to be repaid in 24 months.
| Company name | Vision Fund Mongolia |
| CEO | Orkhontuya Munkhbat |
| Founded | 2004-01-01 |
| Location | Kherlen soum, Khentii province |
| Sector | Services |
| Turnover | €35,634.74 |
| 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