Mandah Haltar
Status: Paying Back
| $2,875.00 | Loan Amount |
|---|
25% repaid
About the Entrepreneur
| Name: | Mandah Haltar |
|---|---|
| Location: | Ulaanbaatar, Mongolia |
| Activity: | Shoe Sales |
About the Loan
| Loan Amount: | $2,875.00 |
|---|---|
| Loan Use: | To purchase raw materials for making shoes |
| Repayment Term: | 26 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | May 5, 2009 |
| Date Disbursed: | Apr 21, 2009 |
| Date Funded: | May 24, 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: | 814 |
| Total Loans: | $888,750 |
| 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: | 1,402.5000 MNT = 1 USD |
Mandah Haltar is 48, married and the father of two. His family lives in a "ger" (traditional Mongolian tent) district on the plot of land he owns in Ulaanbaatar, the capital city of Mongolia.
Since 1996, together with his spouse Tsesenjav, he has run a traditional shoe making business. He has many repeat customers from both the capital city and the countryside. He has lots of experienced and his shoes contain many beautiful traditional decorations. With the profit from his business, Mandah bought a vehicle so he could run a taxi service to earn extra income.
He recently got an order to make many traditional shoes, and requests a loan to buy raw materials. Mandah says, "I have many dreams, including to have my own little shoe factory. I'm saving for my daughter's future home when she gets married. I also want to continue to develop, and am learning computer skills from my son".
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Journal entries for Mandah Haltar
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Loan has been disbursed
Location: Ulaanbaatar, Mongolia
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Posted by
from Ulaanbaatar, Mongolia
May 25, 2009 |
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Comment on this entry
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Repayment Schedule for Mandah Haltar
Repayment Schedule for Mandah Haltar
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| July 2009 | $119.79 | $130.17 |  Repayment Received
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| August 2009 | $119.79 | $120.36 | Repayment Received
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| September 2009 | $119.79 | $108.84 | Repayment Received
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| October 2009 | $119.79 | $131.43 | Repayment Received
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| November 2009 | $119.79 | $122.50 | Repayment Received
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| December 2009 | $119.79 | $115.88 | Repayment Received
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| January 2010 | $119.79 | Available Jan 1 | |||
| February 2010 | $119.79 | Available Feb 1 | |||
| March 2010 | $119.79 | Available Mar 1 | |||
| April 2010 | $119.79 | Available Apr 1 | |||
| May 2010 | $119.79 | Available May 1 | |||
| June 2010 | $119.79 | Available Jun 1 | |||
| July 2010 | $119.79 | Available Jul 1 | |||
| August 2010 | $119.79 | Available Aug 1 | |||
| September 2010 | $119.79 | Available Sep 1 | |||
| October 2010 | $119.79 | Available Oct 1 | |||
| November 2010 | $119.79 | Available Nov 1 | |||
| December 2010 | $119.79 | Available Dec 1 | |||
| January 2011 | $119.79 | Available Jan 1 | |||
| February 2011 | $119.79 | Available Feb 1 | |||
| March 2011 | $119.79 | Available Mar 1 | |||
| April 2011 | $119.79 | Available Apr 1 | |||
| May 2011 | $119.79 | Available May 1 | |||
| June 2011 | $119.83 | Available Jun 1 | |||
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