Tsevelravjaa Tserendorj
Status: Paying Back
| $1,450.00 | Loan Amount |
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18% repaid
About the Entrepreneur
| Name: | Tsevelravjaa Tserendorj |
|---|---|
| Location: | Arvayheer, Uvurhangay, Mongolia |
| Activity: | Cement |
About the Loan
| Loan Amount: | $1,450.00 |
|---|---|
| Loan Use: | to buy construction materials such as bricks and cement. |
| Repayment Term: | 26 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | May 12, 2009 |
| Date Disbursed: | Apr 22, 2009 |
| Date Funded: | May 16, 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 |
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| Avg Annual Income: | $2,175.00 |
| Currency: | Mongolia Tugriks (MNT) |
| Exchange Rate: | 1,402.5000 MNT = 1 USD |
Tsevelravjaa Tserendorj lives with his wife and their youngest daughter in Ovorhanghay, one of Mongolia's southern provinces. They have four children, whose ages range from 2 to 21. Three of their children are students at universities in Ulaanbaatar, the capital of Mongolia.
Tsevelrajvaa makes a living transporting raw materials from Gashuun Sukhait, a border town next to China, and the province's center. When he returns from Gashuun Sukhait, he usually carries back imported bricks, cement and/or cereals, which he buys at wholesale and then resells. He normally travels to Gashuun Sukhait once or twice a month. Tsevelravjaa works hard to make sure that his three children will be able to finish university successfully and without any financial strain.
He is applying for this loan to buy more construction materials, such as bricks and cement.
Tsevelrajvaa makes a living transporting raw materials from Gashuun Sukhait, a border town next to China, and the province's center. When he returns from Gashuun Sukhait, he usually carries back imported bricks, cement and/or cereals, which he buys at wholesale and then resells. He normally travels to Gashuun Sukhait once or twice a month. Tsevelravjaa works hard to make sure that his three children will be able to finish university successfully and without any financial strain.
He is applying for this loan to buy more construction materials, such as bricks and cement.
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Journal entries for Tsevelravjaa Tserendorj
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Loan has been disbursed
Location: Arvayheer, Uvurhangay, Mongolia
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Posted by
from Arvayheer, Uvurhangay, Mongolia
May 17, 2009 |
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Comment on this entry
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Repayment Schedule for Tsevelravjaa Tserendorj
Repayment Schedule for Tsevelravjaa Tserendorj
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| July 2009 | $0.07 | $1.74 |  Repayment Received
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| August 2009 | $0.07 | $0.05 | Repayment Received
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| September 2009 | $65.90 | $64.25 | Repayment Received
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| October 2009 | $65.97 | $65.97 | Repayment Received
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| November 2009 | $65.97 | $66.08 | Repayment Received
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| December 2009 | $65.97 | $65.86 | Repayment Received
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| January 2010 | $65.97 | Available Jan 1 | |||
| February 2010 | $65.97 | Available Feb 1 | |||
| March 2010 | $65.97 | Available Mar 1 | |||
| April 2010 | $65.97 | Available Apr 1 | |||
| May 2010 | $65.97 | Available May 1 | |||
| June 2010 | $65.97 | Available Jun 1 | |||
| July 2010 | $65.97 | Available Jul 1 | |||
| August 2010 | $65.97 | Available Aug 1 | |||
| September 2010 | $65.97 | Available Sep 1 | |||
| October 2010 | $65.97 | Available Oct 1 | |||
| November 2010 | $65.97 | Available Nov 1 | |||
| December 2010 | $65.97 | Available Dec 1 | |||
| January 2011 | $65.97 | Available Jan 1 | |||
| February 2011 | $65.97 | Available Feb 1 | |||
| March 2011 | $65.97 | Available Mar 1 | |||
| April 2011 | $65.97 | Available Apr 1 | |||
| May 2011 | $65.97 | Available May 1 | |||
| June 2011 | $64.56 | Available Jun 1 | |||
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