Horoldamba Ayush


Status: Paying Back

$2,400.00   Loan Amount
28% repaid

About the Entrepreneur

Name: Horoldamba Ayush
Location: Tsetserleg, Arhangay, Mongolia
Activity: Grocery Store

About the Loan

Loan Amount: $2,400.00
Loan Use: To buy food products for his grocery store.
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 15, 2009
Date Disbursed: May 5, 2009
Date Funded:May 20, 2009

About the Country

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



Horoldamba Ayush is 34, married, and the father of three sons. All of his sons are attending an elementary school. His family lives in Arhanghay, one of Mongolia's central provinces. Horoldamba runs a grocery store at the center province. In 2002, together with his spouse, Azzaya, Horoldamba started to run a food stall at the local market. He began his business with 1 million tugrugs ($1 USD=1400 MNT), which has now increased to 4 million tugrugs (~US$2800.00). A couple of years ago, Horoldamba decided to expand his business and open a grocery store, that is running today. With the profit he bought a pick up truck for his business needs. He requests a loan to buy food products for his business. Horoldamba is a friendly and helpful person.


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Journal entries for Horoldamba Ayush


Loan has been disbursed
 
Entrepreneur: Horoldamba Ayush
Location: Tsetserleg, Arhangay, Mongolia

Thank you for your loan. It has been disbursed to Horoldamba Ayush by XacBank in Mongolia. We are excited to watch this business grow. Over the 18 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 21, 2009
Comment on this entry

Kiva Help Repayment Schedule for Horoldamba Ayush

  Expected Repayments Actual Repayments Comments
July 2009 $0.00 $133.51  
August 2009 $133.33 $139.47 Repayment Received
September 2009 $133.33 $0.00 Repayment Received
October 2009 $133.33 $127.07 Repayment Received
November 2009 $133.33 $273.40 Repayment Received
December 2009 $133.33 $0.11 Repayment Received
January 2010 $133.33 Available Jan 1  
February 2010 $133.33 Available Feb 1  
March 2010 $133.33 Available Mar 1  
April 2010 $133.33 Available Apr 1  
May 2010 $133.33 Available May 1  
June 2010 $133.33 Available Jun 1  
July 2010 $133.33 Available Jul 1  
August 2010 $133.33 Available Aug 1  
September 2010 $133.33 Available Sep 1  
October 2010 $133.33 Available Oct 1  
November 2010 $133.33 Available Nov 1  
December 2010 $133.33 Available Dec 1  
January 2011 $133.39 Available Jan 1