MongoliaSengesukh Usree
With a loan of EUR 5,000 Sengesukh will be able to expand her business in dried berries and can start selling to big supermarkets.
€5,800
3.75%
36 months
6 months
EUR
Currency| Amount | €5,800 |
| Interest | 3.75% |
| Maturity | 36 months |
| Repayments | 6 months |
| Currency | EUR |
The project
Sengesukh runs a business in dried berry wholesales for the past two years in Ulaanbaatar city. She works together with her daughter and son-in-law who travel to Russia for importing types of dried berries and she would sell locally supplying local markets and trade centres. She has already numbers of regular customers who orders for a big quantity and became well known in the area.
With a loan Sengesukh will be able to enhance her business increasing types of products and channel of sales supplying big supermarkets.
Local partner VFM will provide a loan to Sengesukh that must be repaid in 36 months.
| Company name | Vision Fund Mongolia |
| CEO | Sengesukh Usree |
| Founded | 2014-01-01 |
| Location | Ulaanbaatar city |
| Sector | Wholesale / Retail |
| Turnover | €16,574.58 |
| Employees | 2 |
Impact
There is currently no information available for this section. Check the Summary tab for more details.
- With this investment 2 jobs are created
- With this investment 8 lives are improved