Batzaya Lampirandorj


Status: Paying Back

$1,775.00   Loan Amount
41% repaid

About the Entrepreneur

Name: Batzaya Lampirandorj
Location: Tsetserleg, Arhangay, Mongolia
Activity: Cosmetics Sales

About the Loan

Loan Amount: $1,775.00
Loan Use: To purchase cosmetics for resale.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 15, 2009
Date Disbursed: May 6, 2009
Date Funded:May 15, 2009

About the Country

Country:Mongolia
Avg Annual Income:$2,175.00
Currency:Mongolia Tugriks (MNT)
Exchange Rate:1,423.0000 MNT = 1 USD



Batzaya Lampirandorj lives with her husband and two children in Arhanghay, one of Mongolia's central provinces. Batzaya's two children, 3 and 5 years old, stay at home. Batzaya has a small retail business selling women's cosmetics. She started her business in 2006 with only 800,000 MNT ($1 USD=1,500 MNT) start up capital. She sells the cosmetics from a small stall that she rented in the local market. She usually buys cosmetics from wholesale markets in Ulaanbaatar, the capital city of Mongolia. She has gained abundant experience in the business as well as some trusted returning clients. Today her business capital is more than 2,500,000 MNT (~US$1800.00) and she hopes to expand her business by adding more diversified products. She requests a loan to purchase more cosmetics from Ulaanbaatar for her business.


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Journal entries for Batzaya Lampirandorj


Loan has been disbursed
 
Entrepreneur: Batzaya Lampirandorj
Location: Tsetserleg, Arhangay, Mongolia

Thank you for your loan. It has been disbursed to Batzaya Lampirandorj by XacBank in Mongolia. We are excited to watch this business grow. Over the 12 months of this loan, XacBank will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Tsetserleg, Arhangay, Mongolia
May 16, 2009
Comment on this entry

Kiva Help Repayment Schedule for Batzaya Lampirandorj

  Expected Repayments Actual Repayments Comments
August 2009 $147.92 $148.15 Repayment Received
September 2009 $147.92 $147.69 Repayment Received
October 2009 $147.92 $147.92 Repayment Received
November 2009 $147.92 $147.92 Repayment Received
December 2009 $147.92 $148.01 Repayment Received
January 2010 $147.92 Available Jan 1  
February 2010 $147.92 Available Feb 1  
March 2010 $147.92 Available Mar 1  
April 2010 $147.92 Available Apr 1  
May 2010 $147.92 Available May 1  
June 2010 $147.92 Available Jun 1  
July 2010 $147.88 Available Jul 1