Bathuyag Baasangarav


Status: Paying Back

$450.00   Loan Amount
41% repaid

About the Entrepreneur

Name: Bathuyag Baasangarav
Location: Tsetserleg, Arhangay, Mongolia
Activity: Photography

About the Loan

Loan Amount: $450.00
Loan Use: To purchase film, batteries, and other equipment
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 5, 2009
Date Disbursed: Apr 21, 2009
Date Funded:May 5, 2009

About the Country

Country:Mongolia
Avg Annual Income:$2,175.00
Currency:Mongolia Tugriks (MNT)
Exchange Rate:1,402.5000 MNT = 1 USD



Bathuyag Baasangarav lives with his wife and two sons in the Arhanghay province of Mongolia. His 6-year-old son is a first grader at a local primary school and his 4-year-old son goes to a local kindergarten. Bathuyag has a small business running a photo service booth. He has been running his photo service booth for the last 11 years and has gained an abundant amount of experience in professional photography. His business capital has increased from 50,000 MNT to 1,000,000 MNT. His wife also supports his business in her free time. In the future, he would like to expand his booth into a professional photo booth that offers the highest quality photo services in town. Bathuyag requests a loan to purchase more film, batteries, and other equipment for his business.

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Journal entries for Bathuyag Baasangarav


Loan has been disbursed
 
Entrepreneur: Bathuyag Baasangarav
Location: Tsetserleg, Arhangay, Mongolia

Thank you for your loan. It has been disbursed to Bathuyag Baasangarav by XacBank in Mongolia. We are excited to watch this business grow. Over the 12 months of this loan, XacBank will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Tsetserleg, Arhangay, Mongolia
May 6, 2009
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Kiva Help Repayment Schedule for Bathuyag Baasangarav

  Expected Repayments Actual Repayments Comments
July 2009 $0.00 $37.52  
August 2009 $37.50 $37.91 Repayment Received
September 2009 $37.50 $0.00 Repayment Received
October 2009 $37.50 $75.57 Repayment Received
November 2009 $37.50 $37.53 Repayment Received
December 2009 $37.50 Available Dec 1 Repayment Received
January 2010 $37.50 Available Jan 1  
February 2010 $37.50 Available Feb 1  
March 2010 $37.50 Available Mar 1  
April 2010 $37.50 Available Apr 1  
May 2010 $37.50 Available May 1  
June 2010 $37.50 Available Jun 1  
July 2010 $37.50 Available Jul 1