Otgonjargal Nyamtseren

With a loan of EUR 2,800 Otgonjargal will be able to increase working capital and hire an additional worker.

funding gap emerging markets

Verkefnið

Otgonjargal runs a recycling business for the last 5 years in Ulaanbaatar city. She gathers secondary raw materials such as glass, plastic bottles, cans, iron, aluminum and copper in order to supply beverage factories and small entities. She purchases copper and iron for a reasonable price in winter period, and so that she could sell in summer when cost gets increased to make some profit. 

Otgonjargal works not only for profit, but also for social community she lives in. She provide a part time job to homeless people and in return she pays per working hours or feed them. With a loan of 6 million tugrik, Otgonjargal will be able to increase working capital and hire an additional worker.

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

Vision Fund Mongolia

For the term "CEO," the appropriate translation in Icelandic is "forstjóri."
Otgonjargal Nyamtseren
Stofnað
2011-01-01
Staðsetning
Ulaanbaatar city
Geiri
Dreifing og vinnsla
Velta
€4,651.16
Starfsfólk
1
€2,800safnað
Fullfjármagnað á 12 klukkustundumá 28 January 2016.
4fjárfestar
Fjárfestu í örfjármögnun
€2,800
markmið
3.0
%
Áhugi
24
mánuðir
Gjaldagi
6
mánuðir
Endurgreiðslur
A
B
C
D
E
Kreditmat

Áhrif

1
Störf sköpuð
4
Bætt líf