El proyecto

Gereltsetseg owns a business in material recycling for the past seven years now. She collects used bottles and cans and delivers them to several beverage factories for processing.

This is not the first loan Gereltsetseg got from our local partner VFM. She started small, with just 200 euros. But as the number of sales increased and she got more customers, loans increased in size as well (by tenfold). With her last loan she was able to buy a truck, which enhanced her capacity significantly. The loans and business expansion affected her personal life as well. Gereltsetseg was able to build a house for her family for example.

With a loan, Gereltsetseg will be able to acquire new furniture for the business. Together with local partner VFM will Lendahand provide a loan that has te be repaid in 24 months.