Banzragch Sereeter
Status: Paying Back
| $1,075.00 | Loan Amount |
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16% repaid
About the Entrepreneur
| Name: | Banzragch Sereeter |
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| Location: | Uvurhangay, Mongolia |
| Activity: | Cloth & Dressmaking Supplies |
About the Loan
| Loan Amount: | $1,075.00 |
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| Loan Use: | Buy wool, cashmere, fur, leader etc. |
| Repayment Term: | 26 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jun 22, 2009 |
| Date Disbursed: | Jun 4, 2009 |
| Date Funded: | Jun 22, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | XacBank |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 10 months |
| Kiva Entrepreneurs: | 811 |
| Total Loans: | $887,300 |
| Delinquency Rate: | 0.38% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Mongolia |
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| Avg Annual Income: | $2,175.00 |
| Currency: | Mongolia Tugriks (MNT) |
| Exchange Rate: | 1,415.0000 MNT = 1 USD |
Banzragch Sereeter is a single father who has one daughter. In 1993, together with his wife he started a retail business buying and selling raw materials related to livestock. He also buys wool, fur, cashmere and the leather from local herders at wholesale prices and resell them at a retail prices.
His spouse got sick and died a half a year ago. Since then, his business income has decreased. Banzragch is trying his best to move on and keep running his business at the local market. Banzragch is a well respected person as he has a loyal, hard working and humble personality. With this loan he plans to buy wool, cashmere and animal leather.
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Journal entries for Banzragch Sereeter
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Loan has been disbursed
Location: Uvurhangay, Mongolia
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Posted by
from Uvurhangay, Mongolia
Jun 23, 2009 |
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Comment on this entry
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Repayment Schedule for Banzragch Sereeter
Repayment Schedule for Banzragch Sereeter
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| August 2009 | $0.00 | $90.59 | |||
| September 2009 | $44.79 | $0.00 |  Repayment Received
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| October 2009 | $43.97 | $56.87 | Repayment Received
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| November 2009 | $44.79 | $0.00 | Repayment Received
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| December 2009 | $44.79 | $31.68 | Repayment Received
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| January 2010 | $44.79 | Available Jan 1 | |||
| February 2010 | $44.79 | Available Feb 1 | |||
| March 2010 | $43.50 | Available Mar 1 | |||
| April 2010 | $44.79 | Available Apr 1 | |||
| May 2010 | $44.79 | Available May 1 | |||
| June 2010 | $44.79 | Available Jun 1 | |||
| July 2010 | $44.29 | Available Jul 1 | |||
| August 2010 | $44.79 | Available Aug 1 | |||
| September 2010 | $44.79 | Available Sep 1 | |||
| October 2010 | $44.79 | Available Oct 1 | |||
| November 2010 | $44.79 | Available Nov 1 | |||
| December 2010 | $44.14 | Available Dec 1 | |||
| January 2011 | $44.79 | Available Jan 1 | |||
| February 2011 | $44.79 | Available Feb 1 | |||
| March 2011 | $44.57 | Available Mar 1 | |||
| April 2011 | $44.79 | Available Apr 1 | |||
| May 2011 | $44.79 | Available May 1 | |||
| June 2011 | $44.57 | Available Jun 1 | |||
| July 2011 | $44.79 | Available Jul 1 | |||
| August 2011 | $48.53 | Available Aug 1 | |||
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