Chinbaatar Davaanorov
Status: Paying Back
| $725.00 | Loan Amount |
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22% repaid
About the Entrepreneur
| Name: | Chinbaatar Davaanorov |
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| Location: | Arhangai, Mongolia |
| Activity: | Construction Supplies |
About the Loan
| Loan Amount: | $725.00 |
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| Loan Use: | To purchase planks |
| Repayment Term: | 20 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jun 24, 2009 |
| Date Disbursed: | Jun 18, 2009 |
| Date Funded: | Jun 25, 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: | 814 |
| Total Loans: | $888,750 |
| 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: | 1,417.0000 MNT = 1 USD |
Chinbaatar Davaanorov lives with his wife in Arhangai province, one of Mongolia's central provinces. He drives a truck between Arhangai province and Ulaanbaatar, the capital city of Mongolia. He transports cut wood that he purchases from local woodcutters and sells at a in the wholesale markets in Ulaanbaatar. When he drives back home, he purchases and transports food products for his wife's business. His wife sells food products in the local food market. Since the start, his business has done very well; his business capital has increased from 350,000 MNT to 1,100,000 MNT. He requests a loan to purchase cut wood and fuel for his transportation business.
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Journal entries for Chinbaatar Davaanorov
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Loan has been disbursed
Location: Arhangai, Mongolia
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Posted by
from Arhangai, Mongolia
Jun 26, 2009 |
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Comment on this entry
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Repayment Schedule for Chinbaatar Davaanorov
Repayment Schedule for Chinbaatar Davaanorov
| Expected Repayments | Actual Repayments | Comments | |||
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| September 2009 | $40.28 | $40.28 |  Repayment Received
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| October 2009 | $40.28 | $40.28 | Repayment Received
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| November 2009 | $40.28 | $40.28 | Repayment Received
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| December 2009 | $40.28 | $40.52 | Repayment Received
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| January 2010 | $40.28 | Available Jan 1 | |||
| February 2010 | $40.28 | Available Feb 1 | |||
| March 2010 | $40.28 | Available Mar 1 | |||
| April 2010 | $40.28 | Available Apr 1 | |||
| May 2010 | $40.28 | Available May 1 | |||
| June 2010 | $40.28 | Available Jun 1 | |||
| July 2010 | $40.28 | Available Jul 1 | |||
| August 2010 | $40.28 | Available Aug 1 | |||
| September 2010 | $40.28 | Available Sep 1 | |||
| October 2010 | $40.28 | Available Oct 1 | |||
| November 2010 | $40.28 | Available Nov 1 | |||
| December 2010 | $40.28 | Available Dec 1 | |||
| January 2011 | $40.28 | Available Jan 1 | |||
| February 2011 | $40.24 | Available Feb 1 | |||
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