Mandahsuren Baatar
Status: Paying Back
| $2,500.00 | Loan Amount |
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20% repaid
About the Entrepreneur
| Name: | Mandahsuren Baatar |
|---|---|
| Location: | Arvayheer, Uvurhangay, Mongolia |
| Activity: | Spare Parts |
About the Loan
| Loan Amount: | $2,500.00 |
|---|---|
| Loan Use: | To buy spare parts |
| Repayment Term: | 26 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | May 12, 2009 |
| Date Disbursed: | Apr 20, 2009 |
| Date Funded: | May 15, 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 |
Mandahsuren Baatar is 38, married, and the mother of two: ages 11 and 13. Her family lives in a "ger" (traditional nomadic tent) district on the plot of land her family owns in Uvurhangay, one of the Mongolian central provinces. Both her children are attending an elementary school.
Mandahsuren started running a retail business in 2002. She used to sell bicycles and bike accessories outside a local market. In 2004, with her profit, she bought a little booth and started selling spare parts inside the market. In 2007 she bought another bigger booth to sell motorcycle spare parts. Her husband Dashhuu helps her run these businesses. Dashhuu goes to Ulaanbaatar, the capital city of Mongolia, once or twice every month to buy spare parts at the wholesale markets. Their regular customers are mostly herders who have motorcycles for their daily transportation needs.
Mandahsuren says that "with my profit I'm able to save money for my children's future university tuition." She requests a loan to buy spare parts for her business.
Mandahsuren started running a retail business in 2002. She used to sell bicycles and bike accessories outside a local market. In 2004, with her profit, she bought a little booth and started selling spare parts inside the market. In 2007 she bought another bigger booth to sell motorcycle spare parts. Her husband Dashhuu helps her run these businesses. Dashhuu goes to Ulaanbaatar, the capital city of Mongolia, once or twice every month to buy spare parts at the wholesale markets. Their regular customers are mostly herders who have motorcycles for their daily transportation needs.
Mandahsuren says that "with my profit I'm able to save money for my children's future university tuition." She requests a loan to buy spare parts for her business.
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Lenders to this entrepreneur
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Brian
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Ellis
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Ron
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Mark & Charlene
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Rick
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Juan
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Journal entries for Mandahsuren Baatar
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Loan has been disbursed
Location: Arvayheer, Uvurhangay, Mongolia
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Posted by
from Arvayheer, Uvurhangay, Mongolia
May 16, 2009 |
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Comment on this entry
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Repayment Schedule for Mandahsuren Baatar
Repayment Schedule for Mandahsuren Baatar
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| July 2009 | $0.07 | $2.50 |  Repayment Received
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| August 2009 | $102.01 | $109.10 | Repayment Received
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| September 2009 | $104.17 | $94.65 | Repayment Received
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| October 2009 | $104.17 | $108.27 | Repayment Received
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| November 2009 | $104.17 | $108.32 | Repayment Received
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| December 2009 | $104.17 | $96.17 | Repayment Received
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| January 2010 | $100.79 | Available Jan 1 | |||
| February 2010 | $104.17 | Available Feb 1 | |||
| March 2010 | $104.17 | Available Mar 1 | |||
| April 2010 | $102.76 | Available Apr 1 | |||
| May 2010 | $102.85 | Available May 1 | |||
| June 2010 | $104.17 | Available Jun 1 | |||
| July 2010 | $104.17 | Available Jul 1 | |||
| August 2010 | $104.17 | Available Aug 1 | |||
| September 2010 | $104.17 | Available Sep 1 | |||
| October 2010 | $102.46 | Available Oct 1 | |||
| November 2010 | $104.17 | Available Nov 1 | |||
| December 2010 | $104.17 | Available Dec 1 | |||
| January 2011 | $103.60 | Available Jan 1 | |||
| February 2011 | $104.17 | Available Feb 1 | |||
| March 2011 | $104.17 | Available Mar 1 | |||
| April 2011 | $104.17 | Available Apr 1 | |||
| May 2011 | $104.17 | Available May 1 | |||
| June 2011 | $218.74 | Available Jun 1 | |||
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