Tuvshunzaya Jigjidsuren


Status: Paying Back

$1,425.00   Loan Amount
12% repaid

About the Entrepreneur

Name: Tuvshunzaya Jigjidsuren
Location: Arhangay, Mongolia
Activity: Clothing Sales

About the Loan

Loan Amount: $1,425.00
Loan Use: To buy more clothes to sell
Repayment Term: 26 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 23, 2009
Date Disbursed: Jun 8, 2009
Date Funded:Jun 24, 2009

About the Country

Country:Mongolia
Avg Annual Income:$2,175.00
Currency:Mongolia Tugriks (MNT)
Exchange Rate:1,417.0000 MNT = 1 USD



Tuvshunzaya Jigjidsuren is 35 years old, married and the mother of two. Her family lives in Arhangay, one of the Mongolian central provinces. Her eldest daughter Ariunzaya is a university student, and the youngest one is attending a local elementary school. In 2003, together with her husband Batchuluun 38, she started running a retail business selling men's and women's apparel and religious stuff through her stall and booth. She goes to Ereen city (Ereen is a small Chinese border town where many Mongolians go to purchase cheap goods at wholesale prices to resell them) once or twice every month to buy cheap apparel. Her working capital has increased from 500,000 tugrugs to 3,000,000 tugrugs. Since she started running a retail business, she bought a small house for her household needs, clothing stall and covered stall at the local market. Her hope is to have her own fashion shop in the future. With this loan, she will purchase more apparel from Ereen city to increase her business inventory.

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Journal entries for Tuvshunzaya Jigjidsuren


Loan has been disbursed
 
Entrepreneur: Tuvshunzaya Jigjidsuren
Location: Arhangay, Mongolia

Thank you for your loan. It has been disbursed to Tuvshunzaya Jigjidsuren by XacBank in Mongolia. We are excited to watch this business grow. Over the 24 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 25, 2009
Comment on this entry

Kiva Help Repayment Schedule for Tuvshunzaya Jigjidsuren

  Expected Repayments Actual Repayments Comments
October 2009 $59.37 $63.79 Repayment Received
November 2009 $59.37 $56.43 Repayment Received
December 2009 $60.38 $59.05 Repayment Received
January 2010 $59.37 Available Jan 1  
February 2010 $59.37 Available Feb 1  
March 2010 $58.51 Available Mar 1  
April 2010 $59.37 Available Apr 1  
May 2010 $59.37 Available May 1  
June 2010 $60.10 Available Jun 1  
July 2010 $59.37 Available Jul 1  
August 2010 $59.37 Available Aug 1  
September 2010 $59.97 Available Sep 1  
October 2010 $59.37 Available Oct 1  
November 2010 $59.37 Available Nov 1  
December 2010 $58.92 Available Dec 1  
January 2011 $59.37 Available Jan 1  
February 2011 $59.37 Available Feb 1  
March 2011 $59.37 Available Mar 1  
April 2011 $59.37 Available Apr 1  
May 2011 $59.37 Available May 1  
June 2011 $59.19 Available Jun 1  
July 2011 $59.37 Available Jul 1  
August 2011 $118.01 Available Aug 1