Enh-amgalan Banzragch
Status: Paying Back
| $2,150.00 | Loan Amount |
|---|
About the Entrepreneur
| Name: | Enh-amgalan Banzragch |
|---|---|
| Location: | Ulaanbaatar, Mongolia |
| Activity: | Shoe Sales |
About the Loan
| Loan Amount: | $2,150.00 |
|---|---|
| Loan Use: | To purchase more men's and women's shoes. |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | May 8, 2009 |
| Date Disbursed: | Apr 9, 2009 |
| Date Funded: | May 9, 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: | 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: | 1,404.6000 MNT = 1 USD |
Enh-Amgalan Banzragch is a 42 year old widow with three children, who are ages 3, 7, and 21. Her youngest two children are attending a kindergarten, and the eldest daughter is working in South Korea. It is common in Mongolia to go to South Korea for a better paying job.
Her family lives in her brother's condominium in Ulaanbaatar, the capital city of Mongolia. In 2002, Enh-Amgalan started selling men's and women's shoes at the Narantuul, the biggest outdoor market in Ulaanbaatar. Her eldest daughter helps her mother, brother, and sister as much as she can by sending a small amount of money from her salary every month.
With this loan, Enh-Amgalan is planning to buy more shoes to increase her business inventory. Her hope is to have her own place to live and she is working hard to buy a home. She also dreams of seeing her children graduate from university.
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Journal entries for Enh-amgalan Banzragch
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Loan has been disbursed
Location: Ulaanbaatar, Mongolia
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Posted by
from Ulaanbaatar, Mongolia
May 10, 2009 |
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Comment on this entry
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Repayment Schedule for Enh-amgalan Banzragch
Repayment Schedule for Enh-amgalan Banzragch
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| July 2009 | $179.17 | $179.73 |  Repayment Received
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| August 2009 | $179.17 | $178.86 | Repayment Received
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| September 2009 | $179.17 | $178.92 | Repayment Received
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| October 2009 | $179.17 | $182.92 | Repayment Received
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| November 2009 | $179.17 | $186.99 | Repayment Received
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| December 2009 | $179.17 | $171.65 | Repayment Received
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| January 2010 | $179.17 | Available Jan 1 | |||
| February 2010 | $179.17 | Available Feb 1 | |||
| March 2010 | $179.17 | Available Mar 1 | |||
| April 2010 | $179.17 | Available Apr 1 | |||
| May 2010 | $179.17 | Available May 1 | |||
| June 2010 | $179.13 | Available Jun 1 | |||
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