Davaasuren Jamyansuren
Status: Paying Back
| $1,425.00 | Loan Amount |
|---|
42% repaid
About the Entrepreneur
| Name: | Davaasuren Jamyansuren |
|---|---|
| Location: | Ulaanbaatar, Mongolia |
| Activity: | Clothing Sales |
About the Loan
| Loan Amount: | $1,425.00 |
|---|---|
| Loan Use: | To buy more men's and women's apparel from Ereen, China |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jun 8, 2009 |
| Date Disbursed: | May 26, 2009 |
| Date Funded: | Jun 24, 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: | 831 |
| Total Loans: | $903,200 |
| 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: | 1,410.0000 MNT = 1 USD |
Davaasuren Jamyansuren lives with her husband and 20-year-old son in Arhangai Province, one of Mongolia's central provinces. Their son goes to a local university.
Davaasuren has a small retail business in clothing. She usually travels to Ereen, China, a border town from where many inexpensive Chinese products are exported, and purchases inexpensive yet attractive clothing for women and men.
She started her business in 2005 with a loan of 700,000 MNT (approximately $500). Within two years, she was able to buy a small car for her family with the business profit. Today, her business has expanded; business capital has exceeded 2,000,000 MNT. She says that she works hard on her business in order to make sure that her son receives a good education without any financial strains.
She requests a loan to purchase more clothes from Ereen, China.
Davaasuren has a small retail business in clothing. She usually travels to Ereen, China, a border town from where many inexpensive Chinese products are exported, and purchases inexpensive yet attractive clothing for women and men.
She started her business in 2005 with a loan of 700,000 MNT (approximately $500). Within two years, she was able to buy a small car for her family with the business profit. Today, her business has expanded; business capital has exceeded 2,000,000 MNT. She says that she works hard on her business in order to make sure that her son receives a good education without any financial strains.
She requests a loan to purchase more clothes from Ereen, China.
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Journal entries for Davaasuren Jamyansuren
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Loan has been disbursed
Location: Ulaanbaatar, Mongolia
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Posted by
from Ulaanbaatar, Mongolia
Jun 25, 2009 |
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Comments (4)
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Repayment Schedule for Davaasuren Jamyansuren
Repayment Schedule for Davaasuren Jamyansuren
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| August 2009 | $118.75 | $118.99 |  Repayment Received
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| September 2009 | $119.80 | $119.56 | Repayment Received
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| October 2009 | $118.75 | $120.68 | Repayment Received
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| November 2009 | $118.75 | $118.85 | Repayment Received
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| December 2009 | $120.27 | $120.58 | 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 | $118.56 | Available Jun 1 | |||
| July 2010 | $116.37 | Available Jul 1 | |||
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