Amgalan Janlavtsogzol
Status: Paying Back
| $2,825.00 | Loan Amount |
|---|
25% repaid
About the Entrepreneur
| Name: | Amgalan Janlavtsogzol |
|---|---|
| Location: | Tsetserleg, Arhangay, Mongolia |
| Activity: | Cloth & Dressmaking Supplies |
About the Loan
| Loan Amount: | $2,825.00 |
|---|---|
| Loan Use: | To purchase unprocessed wool and cashmere |
| Repayment Term: | 26 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Apr 14, 2009 |
| Date Disbursed: | Apr 8, 2009 |
| Date Funded: | Apr 16, 2009 |
About the Field Partner
About the Field Partner
|
|
| Field Partner: | XacBank |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 10 months |
| Kiva Entrepreneurs: | 811 |
| Total Loans: | $887,300 |
| 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: | 1,418.4500 MNT = 1 USD |
Amgalan Janlavtsogzol lives with her husband and two teenage children in Arhanghay, one of Mongolia's central provinces. Her oldest son is a student in a local university and the youngest son is attending high school.
Amgalan has a small retail business that sells unprocessed animal products such as wool and cashmere. She buys unprocessed animal products from local herders and brings them to Ulaanbaatar, the capital city of Mongolia, to sell for a profit.
She started the business in 2000 with 450,000 MNT ($1 USD = 1,500 MNT) of capital, which has now increased to 4,500,000 MNT. She pays her oldest son's tuition from her profit. She is now planning how to afford her son's tuition for the next academic year. She requests a loan to purchase more unprocessed wool and cashmere from Arhanghay's local herders.
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Journal entries for Amgalan Janlavtsogzol
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Loan has been disbursed
Location: Tsetserleg, Arhangay, Mongolia
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Posted by
from Tsetserleg, Arhangay, Mongolia
Apr 17, 2009 |
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Comment on this entry
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Repayment Schedule for Amgalan Janlavtsogzol
Repayment Schedule for Amgalan Janlavtsogzol
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| July 2009 | $117.71 | $117.76 |  Repayment Received
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| August 2009 | $117.71 | $117.70 | Repayment Received
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| September 2009 | $117.71 | $117.67 | Repayment Received
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| October 2009 | $117.71 | $118.04 | Repayment Received
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| November 2009 | $117.71 | $117.38 | Repayment Received
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| December 2009 | $117.71 | $118.30 | Repayment Received
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| January 2010 | $117.71 | Available Jan 1 | |||
| February 2010 | $117.71 | Available Feb 1 | |||
| March 2010 | $117.71 | Available Mar 1 | |||
| April 2010 | $117.71 | Available Apr 1 | |||
| May 2010 | $117.71 | Available May 1 | |||
| June 2010 | $117.71 | Available Jun 1 | |||
| July 2010 | $117.71 | Available Jul 1 | |||
| August 2010 | $117.71 | Available Aug 1 | |||
| September 2010 | $117.71 | Available Sep 1 | |||
| October 2010 | $117.71 | Available Oct 1 | |||
| November 2010 | $117.71 | Available Nov 1 | |||
| December 2010 | $117.71 | Available Dec 1 | |||
| January 2011 | $117.71 | Available Jan 1 | |||
| February 2011 | $117.71 | Available Feb 1 | |||
| March 2011 | $117.71 | Available Mar 1 | |||
| April 2011 | $117.71 | Available Apr 1 | |||
| May 2011 | $117.71 | Available May 1 | |||
| June 2011 | $117.67 | Available Jun 1 | |||
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