Badarch Galsan
Status: Paying Back
| $1,575.00 | Loan Amount |
|---|
33% repaid
About the Entrepreneur
| Name: | Badarch Galsan |
|---|---|
| Location: | Ulaanbaatar, Mongolia |
| Activity: | Fruits & Vegetables |
About the Loan
| Loan Amount: | $1,575.00 |
|---|---|
| Loan Use: | To purchase vegetables and vegetable seeds |
| Repayment Term: | 20 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | May 18, 2009 |
| Date Disbursed: | Apr 29, 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 |
Badarch Galsan is 38 years old, married and the mother of three. Her family lives in a ger (traditional nomadic tent) district in Ulaanbaatar, the capital city of Mongolia. Badarch used to live in the countryside. In 2000, she decided her family needed a change and moved to Ulaanbaatar. She and her husband, Gendensambyy, started running a retail business selling fruits and vegetables at the Narantuul, the biggest outdoor market. To expand her business and increase her profit, she is planning to plant a variety of vegetables on a plot of land she owns. Her current business profit is the family's only source of income. Badarch is a humble and hardworking person who is requesting a loan to purchase more vegetables and vegetable seeds to plant.
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Journal entries for Badarch Galsan
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Loan has been disbursed
Location: Ulaanbaatar, Mongolia
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Posted by
from Ulaanbaatar, Mongolia
May 19, 2009 |
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Comment on this entry
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Repayment Schedule for Badarch Galsan
Repayment Schedule for Badarch Galsan
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| July 2009 | $87.50 | $89.07 |  Repayment Received
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| August 2009 | $87.50 | $87.60 | Repayment Received
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| September 2009 | $87.50 | $85.83 | Repayment Received
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| October 2009 | $87.50 | $87.50 | Repayment Received
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| November 2009 | $87.50 | $87.50 | Repayment Received
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| December 2009 | $87.50 | $87.72 | Repayment Received
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| January 2010 | $87.50 | Available Jan 1 | |||
| February 2010 | $87.50 | Available Feb 1 | |||
| March 2010 | $87.50 | Available Mar 1 | |||
| April 2010 | $87.50 | Available Apr 1 | |||
| May 2010 | $87.50 | Available May 1 | |||
| June 2010 | $87.50 | Available Jun 1 | |||
| July 2010 | $87.50 | Available Jul 1 | |||
| August 2010 | $87.50 | Available Aug 1 | |||
| September 2010 | $87.50 | Available Sep 1 | |||
| October 2010 | $87.50 | Available Oct 1 | |||
| November 2010 | $87.50 | Available Nov 1 | |||
| December 2010 | $87.50 | Available Dec 1 | |||
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