Bujinlham Luvsan


Status: Paying Back

$775.00   Loan Amount
50% repaid

About the Entrepreneur

Name: Bujinlham Luvsan
Location: Ulaanbaatar, Mongolia
Activity: Tailoring

About the Loan

Loan Amount: $775.00
Loan Use: To buy raw materials.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 21, 2009
Date Disbursed: Apr 8, 2009
Date Funded:Apr 21, 2009

About the Country

Country:Mongolia
Avg Annual Income:$2,175.00
Currency:Mongolia Tugriks (MNT)
Exchange Rate:1,427.5500 MNT = 1 USD



Bujinlham Luvsan is 69, married, and the mother of one daughter, Dariimaa, who is attending elementary school. Her family lives in a "ger" (Nomadic Mongolian tent) in Ulaanbaatar, the capital city of Mongolia. Bujinlham retired in 1992, so to increase her family’s income she runs a tailoring business, making traditional Mongolian clothing, shoes and crafts containing many kinds of beautiful traditional decorative patterns.



Bujinlham requests a loan to buy raw materials to increase her business inventory. She says, "With the profit, I will save for my only daughter's future house".




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Journal entries for Bujinlham Luvsan


Loan has been disbursed
 
Entrepreneur: Bujinlham Luvsan
Location: Ulaanbaatar, Mongolia

Thank you for your loan. It has been disbursed to Bujinlham Luvsan by XacBank in Mongolia. We are excited to watch this business grow. Over the 11 months of this loan, XacBank will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ulaanbaatar, Mongolia
Apr 22, 2009
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Kiva Help Repayment Schedule for Bujinlham Luvsan

  Expected Repayments Actual Repayments Comments
July 2009 $64.58 $129.25 Repayment Received
August 2009 $64.58 $66.92 Repayment Received
September 2009 $64.58 $0.00 Repayment Received
October 2009 $64.58 $63.65 Repayment Received
November 2009 $64.58 $65.13 Repayment Received
December 2009 $64.58 $65.08 Repayment Received
January 2010 $64.58 Available Jan 1  
February 2010 $64.58 Available Feb 1  
March 2010 $64.58 Available Mar 1  
April 2010 $64.58 Available Apr 1  
May 2010 $64.58 Available May 1  
June 2010 $64.62 Available Jun 1