Choinyambuu Baljid


Status: Paying Back

$625.00   Loan Amount
50% repaid

About the Entrepreneur

Name: Choinyambuu Baljid
Location: Ulaanbaatar, Mongolia
Activity: Pharmacy

About the Loan

Loan Amount: $625.00
Loan Use: to purchase more medicine for her business
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 12, 2009
Date Disbursed: Apr 13, 2009
Date Funded:May 12, 2009

About the Country

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



Choinyambuu Baljid lives with her husband, daughter, and two granddaughters in Ulaanbaatar, the capital city of Mongolia. Her daughter is 31 and works for a local mining company. Both her granddaughters go to a local high school in Ulaanbaatar.



Choinyambuu has a small retail business selling pharmaceuticals. She started her business in 2001 by opening a pharmacy in the downtown area of Ulaanbaatar. As her business grew, she expanded by opening up a second location. As a trained pharmacist she is able to produce some of the medicines by herself. In the future, she hopes to open more pharmacies in attractive locations in the city. She requests a loan to purchase more medicine for her business.



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Journal entries for Choinyambuu Baljid


Loan has been disbursed
 
Entrepreneur: Choinyambuu Baljid
Location: Ulaanbaatar, Mongolia

Thank you for your loan. It has been disbursed to Choinyambuu Baljid 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
May 13, 2009
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Kiva Help Repayment Schedule for Choinyambuu Baljid

  Expected Repayments Actual Repayments Comments
July 2009 $52.08 $104.23 Repayment Received
August 2009 $52.08 $0.00 Repayment Received
September 2009 $52.08 $52.01 Repayment Received
October 2009 $52.08 $52.47 Repayment Received
November 2009 $52.08 $52.51 Repayment Received
December 2009 $52.08 $51.84 Repayment Received
January 2010 $52.08 Available Jan 1  
February 2010 $52.08 Available Feb 1  
March 2010 $52.08 Available Mar 1  
April 2010 $52.08 Available Apr 1  
May 2010 $52.08 Available May 1  
June 2010 $52.12 Available Jun 1