Ganzorig Dolgormaa
Status: Paying Back
| $725.00 | Loan Amount |
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16% repaid
About the Entrepreneur
| Name: | Ganzorig Dolgormaa |
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| Location: | Arhangai, Mongolia |
| Activity: | Bicycle Repair |
About the Loan
| Loan Amount: | $725.00 |
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| Loan Use: | To buy bicycle repair supplies |
| Repayment Term: | 26 months - View details below |
| Lenders Repaid: | Irregularly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jun 24, 2009 |
| Date Disbursed: | Jun 18, 2009 |
| Date Funded: | Jun 24, 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: | 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: | 1,417.0000 MNT = 1 USD |
Ganzorig Dolgormaa lives with his wife and 4-year-old daughter in Arhangai province, one of Mongolia's central provinces. He has a small repair shop for bicycles. He opened his repair shop in 2008 and since then, his business has stabilized as the locals get acquainted with the service he offers. His business capital has increased from 300,000 MNT to 800,000 MNT. In the future, he hopes to expand his repair shop by selling second-hand accessories for cars and trucks. As the cycling warm season approaches, he expects more customers for his bicycle repair shop. He requests a loan to purchase more bike accessories for his business.
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Journal entries for Ganzorig Dolgormaa
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Loan has been disbursed
Location: Arhangai, Mongolia
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Posted by
from Arhangai, Mongolia
Jun 25, 2009 |
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Comment on this entry
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Repayment Schedule for Ganzorig Dolgormaa
Repayment Schedule for Ganzorig Dolgormaa
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| September 2009 | $30.21 | $30.21 |  Repayment Received
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| October 2009 | $30.21 | $30.55 | Repayment Received
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| November 2009 | $30.21 | $29.97 | Repayment Received
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| December 2009 | $29.11 | $29.14 | Repayment Received
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| January 2010 | $30.21 | Available Jan 1 | |||
| February 2010 | $30.21 | Available Feb 1 | |||
| March 2010 | $29.74 | Available Mar 1 | |||
| April 2010 | $30.21 | Available Apr 1 | |||
| May 2010 | $30.21 | Available May 1 | |||
| June 2010 | $30.60 | Available Jun 1 | |||
| July 2010 | $30.21 | Available Jul 1 | |||
| August 2010 | $30.21 | Available Aug 1 | |||
| September 2010 | $29.58 | Available Sep 1 | |||
| October 2010 | $30.21 | Available Oct 1 | |||
| November 2010 | $30.21 | Available Nov 1 | |||
| December 2010 | $66.75 | Available Dec 1 | |||
| February 2011 | $30.21 | Available Feb 1 | |||
| March 2011 | $30.21 | Available Mar 1 | |||
| April 2011 | $30.21 | Available Apr 1 | |||
| May 2011 | $30.21 | Available May 1 | |||
| June 2011 | $30.21 | Available Jun 1 | |||
| July 2011 | $30.21 | Available Jul 1 | |||
| August 2011 | $25.65 | Available Aug 1 | |||
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