Narantsatsral Serdamba


Status: Paying Back

$725.00   Loan Amount
16% repaid

About the Entrepreneur

Name: Narantsatsral Serdamba
Location: Arhangay, Mongolia
Activity: Food Market

About the Loan

Loan Amount: $725.00
Loan Use: To buy food products for her business
Repayment Term: 26 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 17, 2009
Date Disbursed: Jun 11, 2009
Date Funded:Jun 17, 2009

About the Country

Country:Mongolia
Avg Annual Income:$2,175.00
Currency:Mongolia Tugriks (MNT)
Exchange Rate:1,415.0000 MNT = 1 USD



Narantsatsral Serdamba is 31, married, and the mother of three. Her family lives on the plot of land she owns in Arhangay, one of Mongolia's central provinces. Her eldest son goes to an elementary school, and the youngest two are attending a kindergarten.


Since 2007, Narantsatsral has been running a food product sales business. For the first year, she was selling food products such as fresh bread, milk, and other beverages, by going door-to-door. With the profit, she started renting a stall at the local food market. Narantsatsral says that "my business capital and profit are keep increasing and I’m getting experienced day-to-day. Thus, to expand my business and save costs, I'm planning to buy a food stall instead of paying rent." She requests a loan to buy food products for her tiny business.


Subscribe

Lenders to this entrepreneur

Carl
Canton, GA
United States

Michael and Virginia
Snyder, TX
United States

Kyle
Brookline, MA
United States

Anonymous

James
Chicago, IL
United States

Elizabeth
Los Alamos, NM
United States

Dave
Albuquerque, NM
United States

David Risstrom
Northcote, Victoria
Australia

Mongolia Car Rental
Ulaanbaatar, -
Mongolia

Sally
Kalamazoo, MI
United States

Sabine
Potsdam,
Germany

Kenneth
LONGWOOD, FL
United States

Peter
Naperville, IL
United States

Brandy
New York, NY
United States

Tim
North Shields, Tyne and Wear
United Kingdom

Jeff
Pinecliffe, CO
United States

Anna Stina
Goteborg,
Sweden

Michael
Idaho Falls, ID
United States

John
Ossineke, MI
United States

Mike
Omaha, NE
United States

Robert
Manchester, Greater Manchester
United Kingdom

Belle
austin, TX
United States

festival
Montreal, Quebec
Canada

Darren and Ellen
San Francisco, CA
United States



Top Lending Teams for this entrepreneur


who is John Galt
Other
1 Member

Quebec
Local Area
138 Members

Brigham Young University-Idaho BYU-I
Colleges/Universities
9 Members

Kiva Baha'is
Religious Congregations
101 Members

Kiva Team Germany
Local Area
528 Members

Journal entries for Narantsatsral Serdamba


Loan has been disbursed
 
Entrepreneur: Narantsatsral Serdamba
Location: Arhangay, Mongolia

Thank you for your loan. It has been disbursed to Narantsatsral Serdamba by XacBank in Mongolia. We are excited to watch this business grow. Over the 23 months of this loan, XacBank will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Arhangay, Mongolia
Jun 18, 2009
Comment on this entry

Kiva Help Repayment Schedule for Narantsatsral Serdamba

  Expected Repayments Actual Repayments Comments
August 2009 $0.00 $30.86  
September 2009 $30.21 $0.00 Repayment Received
October 2009 $30.21 $31.44 Repayment Received
November 2009 $30.21 $28.37 Repayment Received
December 2009 $30.21 $30.17 Repayment Received
January 2010 $30.21 Available Jan 1  
February 2010 $30.21 Available Feb 1  
March 2010 $30.21 Available Mar 1  
April 2010 $30.21 Available Apr 1  
May 2010 $30.21 Available May 1  
June 2010 $30.21 Available Jun 1  
July 2010 $30.21 Available Jul 1  
August 2010 $30.21 Available Aug 1  
September 2010 $30.21 Available Sep 1  
October 2010 $30.21 Available Oct 1  
November 2010 $30.21 Available Nov 1  
December 2010 $30.21 Available Dec 1  
January 2011 $30.21 Available Jan 1  
February 2011 $30.21 Available Feb 1  
March 2011 $30.21 Available Mar 1  
April 2011 $30.21 Available Apr 1  
May 2011 $30.21 Available May 1  
June 2011 $30.21 Available Jun 1  
July 2011 $30.21 Available Jul 1  
August 2011 $30.17 Available Aug 1