Togoontumur Chuluun


Status: Paying Back

$725.00   Loan Amount
10% repaid

About the Entrepreneur

Name: Togoontumur Chuluun
Location: Arhangay, Mongolia
Activity: Souvenir Sales

About the Loan

Loan Amount: $725.00
Loan Use: To buy wool, wires and paint for her business
Repayment Term: 14 months - View details below
Lenders Repaid: Irregularly
Currency Exchange Loss: Covered
Date Listed: Jun 23, 2009
Date Disbursed: Jun 16, 2009
Date Funded:Jun 23, 2009

About the Country

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



Togoontumur Chuluun is a 38-year-old widow who has one daughter, Enhzul, who is six years old and goes to a local elementary school. Togoontumur lives with her mother and daughter in Arhangay, one of Mongolia's central provinces. Her mother is retired and stays home, taking care of Togoontumur’s daughter. In 2005, Togoontumur started a business selling souvenirs. She buys unprocessed sheep's wool from local herders, then makes it into a variety of items that remind visitors of Mongolian culture and tradition. She makes most of her income in the summer, when many tourists head to Mongolia. Her dream is to open her own shop in the future. She has applied for this loan to buy raw materials such as wool, paint and wire.

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Journal entries for Togoontumur Chuluun


Loan has been disbursed
 
Entrepreneur: Togoontumur Chuluun
Location: Arhangay, Mongolia

Thank you for your loan. It has been disbursed to Togoontumur Chuluun 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 Arhangay, Mongolia
Jun 24, 2009
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Kiva Help Repayment Schedule for Togoontumur Chuluun

  Expected Repayments Actual Repayments Comments
October 2009 $0.00 $1.59  
November 2009 $0.00 $3.39  
December 2009 $72.50 $67.77 Repayment Received
January 2010 $72.50 Available Jan 1  
February 2010 $72.50 Available Feb 1  
March 2010 $72.50 Available Mar 1  
April 2010 $72.50 Available Apr 1  
May 2010 $72.50 Available May 1  
June 2010 $72.50 Available Jun 1  
July 2010 $72.50 Available Jul 1  
August 2010 $145.00 Available Aug 1