Bayarsayhan Oyunchimeg
Status: Paying Back
| $2,125.00 | Loan Amount |
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33% repaid
About the Entrepreneur
| Name: | Bayarsayhan Oyunchimeg |
|---|---|
| Location: | Arhangay, Mongolia |
| Activity: | Construction Supplies |
About the Loan
| Loan Amount: | $2,125.00 |
|---|---|
| Loan Use: | Purchase planks for his business. |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jun 22, 2009 |
| Date Disbursed: | Jun 18, 2009 |
| Date Funded: | Jun 23, 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: | 819 |
| Total Loans: | $894,225 |
| 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: | 1,415.0000 MNT = 1 USD |
Bayarsayhan Oyunchimeg, 35, is a married and the father of two. His family lives in "ger" (nomadic housing tent) district on a plot of land he owns in Arhangay, one of Mongolia's central provinces. He has run a plank sales business for the last several years. Bayarsayhan has a pick-up truck that transports planks from Arhangay province to Ulaanbaatar. He buys planks in Arhangay province at wholesale prices and sells them at retail prices.
Bayarsayhan's spouse Chingelmaa always encourages her husband however she can't physically help him as she stays home and takes care of their four years old son.
He requests a loan to buy planks to increase his business inventory. Bayarsayhan's dream is to open a car care center on his land.
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Journal entries for Bayarsayhan Oyunchimeg
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Loan has been disbursed
Location: Arhangay, Mongolia
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Posted by
from Arhangay, Mongolia
Jun 24, 2009 |
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Comment on this entry
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Repayment Schedule for Bayarsayhan Oyunchimeg
Repayment Schedule for Bayarsayhan Oyunchimeg
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| September 2009 | $177.08 | $177.08 |  Repayment Received
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| October 2009 | $177.08 | $177.08 | Repayment Received
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| November 2009 | $175.78 | $179.73 | Repayment Received
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| December 2009 | $177.08 | $173.39 | Repayment Received
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| January 2010 | $177.08 | Available Jan 1 | |||
| February 2010 | $176.17 | Available Feb 1 | |||
| March 2010 | $177.08 | Available Mar 1 | |||
| April 2010 | $177.08 | Available Apr 1 | |||
| May 2010 | $177.08 | Available May 1 | |||
| June 2010 | $177.08 | Available Jun 1 | |||
| July 2010 | $177.08 | Available Jul 1 | |||
| August 2010 | $179.33 | Available Aug 1 | |||
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