Ganhuyag Gombo
Status: Paying Back
| $975.00 | Loan Amount |
|---|
About the Entrepreneur
| Name: | Ganhuyag Gombo |
|---|---|
| Location: | Ulaanbaatar, Mongolia |
| Activity: | Taxi |
About the Loan
| Loan Amount: | $975.00 |
|---|---|
| Loan Use: | To expand his small house and also buy spare parts for his vehicle |
| Repayment Term: | 26 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Apr 23, 2009 |
| Date Disbursed: | Apr 13, 2009 |
| Date Funded: | Apr 23, 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: | 1,412.4800 MNT = 1 USD |
In 2005, Ganhuyag leased a vehicle to run a taxi service. By 2006 he had fully paid for the vehicle and continued working as a cab driver. With the profit, he has built a small house on the plot of land he owns.
He requests a loan to expand his small house and also buy spare parts for his vehicle. His car is his family’s only source of income. His spouse, Narantsetseg, is unemployed and stays at home to take care of the two children.
"When I moved to the city from the country, I had nothing. As a result of my hard work, I own a plot of land, my own little house and also my own business. I'm really satisfied with my life here," Ganhuyag says.
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Journal entries for Ganhuyag Gombo
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Loan has been disbursed
Location: Ulaanbaatar, Mongolia
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Posted by
from Ulaanbaatar, Mongolia
Apr 24, 2009 |
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Comment on this entry
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Repayment Schedule for Ganhuyag Gombo
Repayment Schedule for Ganhuyag Gombo
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| July 2009 | $40.62 | $40.69 |  Repayment Received
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| August 2009 | $40.62 | $41.47 | Repayment Received
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| September 2009 | $40.62 | $39.70 | Repayment Received
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| October 2009 | $40.62 | $40.75 | Repayment Received
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| November 2009 | $40.62 | $44.33 | Repayment Received
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| December 2009 | $40.62 | $38.72 | Repayment Received
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| January 2010 | $40.62 | Available Jan 1 | |||
| February 2010 | $40.62 | Available Feb 1 | |||
| March 2010 | $40.62 | Available Mar 1 | |||
| April 2010 | $40.62 | Available Apr 1 | |||
| May 2010 | $40.62 | Available May 1 | |||
| June 2010 | $40.62 | Available Jun 1 | |||
| July 2010 | $40.62 | Available Jul 1 | |||
| August 2010 | $40.62 | Available Aug 1 | |||
| September 2010 | $40.62 | Available Sep 1 | |||
| October 2010 | $40.62 | Available Oct 1 | |||
| November 2010 | $40.62 | Available Nov 1 | |||
| December 2010 | $40.62 | Available Dec 1 | |||
| January 2011 | $40.62 | Available Jan 1 | |||
| February 2011 | $40.62 | Available Feb 1 | |||
| March 2011 | $40.62 | Available Mar 1 | |||
| April 2011 | $40.62 | Available Apr 1 | |||
| May 2011 | $40.62 | Available May 1 | |||
| June 2011 | $40.74 | Available Jun 1 | |||
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