Tsedenbyamba Sodgoidorj


Status: Paying Back

$2,500.00   Loan Amount
18% repaid

About the Entrepreneur

Name: Tsedenbyamba Sodgoidorj
Location: Arvayheer, Uvurhangay, Mongolia
Activity: Clothing Sales

About the Loan

Loan Amount: $2,500.00
Loan Use: to buy more clothing to sell to her customers.
Repayment Term: 26 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 12, 2009
Date Disbursed: Apr 23, 2009
Date Funded:May 19, 2009

About the Country

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



Tserenbyamba Sodgoidorj is 28 and lives with her parents and three-year-old son in Uvurhanghay, one of Mongolia's southern provinces. Her parents receive a government pension, but her mother has been ill lately. Although Tserenbyamba has her own one-bedroom apartment in town, she has rented it out to pay for medicine for her sick mother.

After she graduated from university in 2001, Tserenbyamba started a small retail business selling women and men's clothing. Early that year, she opened a small stall in the local market, and in December 2008, she rented another stall in a new shopping center that just opened. She usually buys clothing from the wholesale markets in Ulaanbaatar, the capital of Mongolia. She hopes she can afford all the medicine her mother needs, and would eventually like to open her own clothing shop. Tserenbyamba is applying for this loan to buy more clothing from Ulaanbaatar to sell to her customers.



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Journal entries for Tsedenbyamba Sodgoidorj


Loan has been disbursed
 
Entrepreneur: Tsedenbyamba Sodgoidorj
Location: Arvayheer, Uvurhangay, Mongolia

Thank you for your loan. It has been disbursed to Tsedenbyamba Sodgoidorj by XacBank in Mongolia. We are excited to watch this business grow. Over the 23 months of this loan, XacBank will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Arvayheer, Uvurhangay, Mongolia
May 20, 2009
Comments (1)

Kiva Help Repayment Schedule for Tsedenbyamba Sodgoidorj

  Expected Repayments Actual Repayments Comments
July 2009 $93.36 $93.46 Repayment Received
August 2009 $71.43 $71.43 Repayment Received
September 2009 $71.43 $71.33 Repayment Received
October 2009 $71.43 $71.62 Repayment Received
November 2009 $71.43 $71.36 Repayment Received
December 2009 $71.43 $71.31 Repayment Received
January 2010 $71.43 Available Jan 1  
February 2010 $89.45 Available Feb 1  
March 2010 $90.16 Available Mar 1  
April 2010 $99.15 Available Apr 1  
May 2010 $99.87 Available May 1  
June 2010 $98.05 Available Jun 1  
July 2010 $99.62 Available Jul 1  
August 2010 $106.27 Available Aug 1  
September 2010 $107.88 Available Sep 1  
October 2010 $109.72 Available Oct 1  
November 2010 $111.81 Available Nov 1  
December 2010 $117.64 Available Dec 1  
January 2011 $119.19 Available Jan 1  
February 2011 $123.17 Available Feb 1  
March 2011 $125.95 Available Mar 1  
April 2011 $129.46 Available Apr 1  
May 2011 $134.02 Available May 1  
June 2011 $216.65 Available Jun 1