Enhtuya Banzar


Status: Paying Back

$1,075.00   Loan Amount
33% repaid

About the Entrepreneur

Name: Enhtuya Banzar
Location: Ulaanbaatar, Mongolia
Activity: Grocery Store

About the Loan

Loan Amount: $1,075.00
Loan Use: To purchase food products for his business
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 5, 2009
Date Disbursed: May 29, 2009
Date Funded:Jun 13, 2009

About the Country

Country:Mongolia
Avg Annual Income:$2,175.00
Currency:Mongolia Tugriks (MNT)
Exchange Rate:1,410.0000 MNT = 1 USD



Enhtuya Banzar lives with his wife and 3-year-old daughter in Arhanghay, one of Mongolia's central provinces. His daughter goes to a local kindergarten. He has a small business selling food. He owns a small food store on the busiest street in Arhanghay. He sells various food products, including wheat products, soft drinks, and candies. He mostly purchases his food products from the wholesale markets in Ulaanbaatar, the capital city of Mongolia. He started his business in 2008 with 700,000 MNT (1 USD = 1,400 MNT) and his business capital has now increased to 4,000,000 MNT. In the future, he hopes to expand his food store by adding more food items. Enhtuya requests a loan to purchase more food products for his business.



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Journal entries for Enhtuya Banzar


Loan has been disbursed
 
Entrepreneur: Enhtuya Banzar
Location: Ulaanbaatar, Mongolia

Thank you for your loan. It has been disbursed to Enhtuya Banzar 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 Ulaanbaatar, Mongolia
Jun 14, 2009
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Kiva Help Repayment Schedule for Enhtuya Banzar

  Expected Repayments Actual Repayments Comments
August 2009 $0.00 $89.66  
September 2009 $89.58 $0.00 Repayment Received
October 2009 $89.58 $89.50 Repayment Received
November 2009 $89.58 $89.62 Repayment Received
December 2009 $89.58 $89.67 Repayment Received
January 2010 $89.58 Available Jan 1  
February 2010 $89.58 Available Feb 1  
March 2010 $89.58 Available Mar 1  
April 2010 $89.58 Available Apr 1  
May 2010 $89.58 Available May 1  
June 2010 $89.58 Available Jun 1  
July 2010 $89.58 Available Jul 1  
August 2010 $89.62 Available Aug 1