Empowering the Vision Project is happy to announce that, Dorjee Palden (Scrap Dealer) from Mundgod and Tenzin Wangdue Sithar from Dhondelling Tibetan Settlement, Kollegal, are the recipients of Tibetan Entrepreneurship Loan, 2015.
Dorjee Palden is a pioneering scrap dealer and a creative entrepreneur who is considering starting a recycling business in an Indian Market. He has received the loan amount of Rs. 1 Lakh.
Tenzin Wangdue Sithar is opening a Professionalised Tractor service business at Kollegal, Karnataka. He has received the loan amount of Rs. 1 Lakh.
Under this fund, loans will be given to both of them at a nominal interest of 5%.
Tibetan Entrepreneurship Fund is a separate fund for aspiring entrepreneurs as an outcome of the Global Tibetan Entrepreneurship Conference, Mundgod, December 2014. Several established entrepreneurs who were present at the conference has contributed seed money to the fund.