Munhzaya Demberel
Status: Paying Back
| $2,850.00 | Loan Amount |
|---|
20% repaid
About the Entrepreneur
| Name: | Munhzaya Demberel |
|---|---|
| Location: | Tsetserleg, Arhangay, Mongolia |
| Activity: | Clothing Sales |
About the Loan
| Loan Amount: | $2,850.00 |
|---|---|
| Loan Use: | To purchase more clothes from Ereen, China. |
| Repayment Term: | 26 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | May 18, 2009 |
| Date Disbursed: | May 4, 2009 |
| Date Funded: | May 18, 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: | 814 |
| Total Loans: | $888,750 |
| 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: | 1,413.4000 MNT = 1 USD |
Munhzaya Demberel lives with her husband and three teenage children in Arhanghay, one of Mongolia's central provinces. All three of her children are local high school students.
Munhzaya has a small retail business selling clothing. She rents a small stall in the local market and sells various women’s and men's clothes. She usually buys clothes from Beijing, China. She started her business in 2000, and since then has done very well. Her business capital has increased from 500,000 MNT to 4,000,000 MNT ($1 is approximately 1,400 MNT). She has been running her business for almost a decade and is great at picking clothes that are in demand.
In the future, she would like to own her shop, instead of renting a stall in the market. She requests a loan to purchase more clothes from Ereen, China.
Munhzaya has a small retail business selling clothing. She rents a small stall in the local market and sells various women’s and men's clothes. She usually buys clothes from Beijing, China. She started her business in 2000, and since then has done very well. Her business capital has increased from 500,000 MNT to 4,000,000 MNT ($1 is approximately 1,400 MNT). She has been running her business for almost a decade and is great at picking clothes that are in demand.
In the future, she would like to own her shop, instead of renting a stall in the market. She requests a loan to purchase more clothes from Ereen, China.
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Journal entries for Munhzaya Demberel
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Loan has been disbursed
Location: Tsetserleg, Arhangay, Mongolia
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Posted by
from Tsetserleg, Arhangay, Mongolia
May 19, 2009 |
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Comment on this entry
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Repayment Schedule for Munhzaya Demberel
Repayment Schedule for Munhzaya Demberel
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| August 2009 | $118.75 | $118.85 |  Repayment Received
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| September 2009 | $118.75 | $118.65 | Repayment Received
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| October 2009 | $121.10 | $121.10 | Repayment Received
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| November 2009 | $118.75 | $118.75 | Repayment Received
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| December 2009 | $118.75 | $118.75 | Repayment Received
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| January 2010 | $118.75 | Available Jan 1 | |||
| February 2010 | $118.75 | Available Feb 1 | |||
| March 2010 | $118.75 | Available Mar 1 | |||
| April 2010 | $118.75 | Available Apr 1 | |||
| May 2010 | $118.75 | Available May 1 | |||
| June 2010 | $118.75 | Available Jun 1 | |||
| July 2010 | $118.75 | Available Jul 1 | |||
| August 2010 | $118.75 | Available Aug 1 | |||
| September 2010 | $118.75 | Available Sep 1 | |||
| October 2010 | $118.75 | Available Oct 1 | |||
| November 2010 | $118.75 | Available Nov 1 | |||
| December 2010 | $118.75 | Available Dec 1 | |||
| January 2011 | $118.75 | Available Jan 1 | |||
| February 2011 | $118.75 | Available Feb 1 | |||
| March 2011 | $118.75 | Available Mar 1 | |||
| April 2011 | $118.75 | Available Apr 1 | |||
| May 2011 | $118.75 | Available May 1 | |||
| June 2011 | $118.75 | Available Jun 1 | |||
| July 2011 | $116.40 | Available Jul 1 | |||
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