Enhtur Suhbaatar
Status: Paying Back
| $2,875.00 | Loan Amount |
|---|
22% repaid
About the Entrepreneur
| Name: | Enhtur Suhbaatar |
|---|---|
| Location: | Ulaanbaatar, Mongolia |
| Activity: | Auto Repair |
About the Loan
| Loan Amount: | $2,875.00 |
|---|---|
| Loan Use: | maintain home and buy a second-hand car to fix up and re-sell |
| Repayment Term: | 27 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | May 12, 2009 |
| Date Disbursed: | Apr 21, 2009 |
| Date Funded: | May 22, 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: | 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: | 1,402.5000 MNT = 1 USD |
Enhtur Suhbaatar is 38, married and the father of three daughters, ages 2, 13, and 18. His family lives in a "ger" (nomadic traditional tent) district in Ulaanbaatar, the capital city of Mongolia. His daughters are attending a local kindergarten, elementary school and university, respectively. Enhtur's spouse, Gandi, is 37 and works as a saleswomen.
In 2005, Enhtur started running a retail business with his younger brother. They buy old cars and fix them up to sell for a higher price. They also get orders from clients to fix their vehicles.
Enhtur has gained a lot of experience and has many repeat clients. He plans to attract more clients to increase his income and open a large car care center. He would like to spend the Kiva loan on home maintenance and to buy an old car to increase his business inventory.
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Journal entries for Enhtur Suhbaatar
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Loan has been disbursed
Location: Ulaanbaatar, Mongolia
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Posted by
from Ulaanbaatar, Mongolia
May 23, 2009 |
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Comment on this entry
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Repayment Schedule for Enhtur Suhbaatar
Repayment Schedule for Enhtur Suhbaatar
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| July 2009 | $0.00 | $120.03 | |||
| August 2009 | $119.79 | $0.00 |  Repayment Received
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| September 2009 | $119.79 | $119.55 | Repayment Received
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| October 2009 | $119.79 | $124.94 | Repayment Received
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| November 2009 | $119.79 | $279.43 | Repayment Received
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| December 2009 | $119.79 | Available Dec 1 | 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 | $119.79 | Available Jun 1 | |||
| July 2011 | $119.83 | Available Jul 1 | |||
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