Horolgarav Sandag
Status: Paid Back
| $1,100.00 | Loan Request | |
|---|---|---|
| $1,100.00 | Paid Back |
About the Entrepreneur
| Name: | Horolgarav Sandag |
|---|---|
| Location: | Tsetserleg, Arhangay, Mongolia |
| Activity: | Butcher Shop |
About the Loan
| Loan Amount: | $1,100.00 |
|---|---|
| Loan Use: | To buy sheep and cows from local herders. |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Apr 9, 2009 |
| Date Disbursed: | Mar 12, 2009 |
| Date Funded: | Apr 11, 2009 |
| Loan Ended: | Oct 15, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | XacBank |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 10 months |
| Kiva Entrepreneurs: | 819 |
| Total Loans: | $894,225 |
| Delinquency Rate: | 0.38% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Mongolia |
|---|---|
| Avg Annual Income: | $2,175.00 |
| Currency: | Mongolia Tugriks (MNT) |
| Exchange Rate: | 1,382.4992 MNT = 1 USD |
Together with her husband Batmunh, Horolgarav has been running a butcher stall at the local market. In 1996 they bought and opened their first butcher stall at the market, giving them 13 years of experience in the industry. Both she and her husband are well respected by their community and have many repeat customers. At the start, their business working capital was 200,000 tugrik (roughly $US140). Because of Horolgarav's 13 years of hard work, her inventory has increased to 2,500,000 tugrik.
With this loan Horolgarav will buy more sheep and cows from local herders. She is planning to buy another stall soon to expand her family business.
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Journal entries for Horolgarav Sandag
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Loan has been disbursed
Location: Tsetserleg, Arhangay, Mongolia
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Posted by
from Tsetserleg, Arhangay, Mongolia
Apr 12, 2009 |
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Comment on this entry
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Repayment Schedule for Horolgarav Sandag
Repayment Schedule for Horolgarav Sandag
| Expected Repayments | Actual Repayments | Comments | |||
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| June 2009 | $91.67 | $91.66 |  Repayment Received
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| July 2009 | $91.67 | $92.67 | Repayment Received
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| August 2009 | $91.67 | $91.79 | Repayment Received
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| September 2009 | $91.67 | $90.56 | Repayment Received
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| October 2009 | $92.33 | $93.37 | Repayment Received
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| November 2009 | $91.67 | $639.95 | Repayment Received
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| December 2009 | $91.67 | Available Dec 1 | Repayment Received
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| January 2010 | $91.25 | Available Jan 1 | Repayment Received
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| February 2010 | $91.67 | Available Feb 1 | Repayment Received
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| March 2010 | $91.67 | Available Mar 1 | Repayment Received
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| April 2010 | $91.67 | Available Apr 1 | Repayment Received
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| May 2010 | $91.39 | Available May 1 | Repayment Received
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