Batkhurel Khorloo

With EUR 2,200 Batkhurel is able to acquire raw materials and hire a new employee for his shoe factory.

funding gap emerging markets

Projektet

Batkhurel owns a business in shoe manufacturing. Before starting his own business, he worked for a large shoe factory where he learned all the skills he needs. 

In 2006 he opened his own small factory by renting a basement below his apartment building with support from his brother. They produce between 60-70 pair shoes per week and supply the biggest local markets in the city and also distribute to nearby provinces.

With a loan, Batkhurel will be able to acquire raw materials such as leather, fur, and hire an additional employee to realize his dream of establishing a big manufacturing factor in the city. Together with local partner VFM will Lendahand provide a loan that must be repaid in 24 months. 

Vision Fund Mongolia

VD
Batkhurel Khorloo
Grundat
2006-01-01
Plats
Ulaanbaatar city
Sektor
Tillverkning / Produktion
Omsättning
€11,175.68
Anställda
1
€2,200upphöjd
Fullt finansierat på 21 timmarpå 25 Februari 2016
8investerare
Investeringar från lokala partner
€2,200
Finansieringsmål
3.0
%
Intresse
24
månader
Löptid
6
månader
Återbetalningar
A
B
C
D
E
Kreditvärdighet

Påverkan

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