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

Il progetto

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

AMMINISTRATORE DELEGATO
Otgonjargal Nyamtseren
Fondato
2011-01-01
Posizione
Ulaanbaatar city
Settore
Distribuzione e lavorazione
Fatturato
€4,651.16
I dipendenti
1
€2,800sollevato
Completamente finanziato in 12 ore su 28 Gennaio 2016.
4investitori
Investire nella microfinanza
€2,800
obiettivo
3.0
%
Interesse
24
mesi
Maturità
6
mesi
Rimborsi
A
B
C
D
E
Punteggio di credito

Impatto

1
Posti di lavoro creati
4
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