Munkhsaikhan Jamyanjav


Status: Paying Back

$2,075.00   Loan Amount
6% repaid

About the Entrepreneur

Name: Munkhsaikhan Jamyanjav
Location: Ulaanbaatar, Mongolia
Activity: Shoe Sales

About the Loan

Loan Amount: $2,075.00
Loan Use: To purchase raw material
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Jul 29, 2009
Date Disbursed: Jul 6, 2009
Date Funded:Jul 29, 2009

About the Country

Country:Mongolia
Avg Annual Income:$2,175.00
Currency:Mongolia Tugriks (MNT)
Exchange Rate:1,450.1200 MNT = 1 USD



Munkhsaikhan is a 37-year-old mother of three. She, her husband and three daughters all work together out of their small shack, sewing and selling shoes. The shoes they sell are good winter shoes. They have been working together as a family since 1994. On average they make a profit of 9-10,000 Tugrug on each shoe. They sell most of their shoes in the winter when the market is very good. With the help of a loan, they want to be able to buy more material in the summer so they can have more shoes to sell in the winter when the market is best. Her husband, Chuluunbat, does the main sewing but the whole family helps. Their daughters are 14, 10, and 5 years old. They have recently been using their profits to improve and fix up their little home and have also now hired an employee. Most important to Munkhsaikhan is that her daughters all grow up to be well educated and wise, good girls.



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Top Lending Teams for this entrepreneur


Mongolia
Common Interest
50 Members

United World Colleges
Alumni Groups
10 Members

Team Democrat
Common Interest
41 Members

Journal entries for Munkhsaikhan Jamyanjav


Loan has been disbursed
 
Entrepreneur: Munkhsaikhan Jamyanjav
Location: Ulaanbaatar, Mongolia

Thank you for your loan. It has been disbursed to Munkhsaikhan Jamyanjav by XacBank in Mongolia. We are excited to watch this business grow. Over the 18 months of this loan, XacBank will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ulaanbaatar, Mongolia
Jul 30, 2009
Comment on this entry

Kiva Help Repayment Schedule for Munkhsaikhan Jamyanjav

  Expected Repayments Actual Repayments Comments
October 2009 $0.69 $13.76 Repayment Received
November 2009 $0.69 $8.70 Repayment Received
December 2009 $129.60 $117.26 Repayment Received
January 2010 $129.61 Available Jan 1  
February 2010 $129.60 Available Feb 1  
March 2010 $129.60 Available Mar 1  
April 2010 $129.60 Available Apr 1  
May 2010 $129.60 Available May 1  
June 2010 $129.60 Available Jun 1  
July 2010 $129.60 Available Jul 1  
August 2010 $129.60 Available Aug 1  
September 2010 $129.60 Available Sep 1  
October 2010 $129.60 Available Oct 1  
November 2010 $129.61 Available Nov 1  
December 2010 $129.60 Available Dec 1  
January 2011 $129.60 Available Jan 1  
February 2011 $129.60 Available Feb 1  
March 2011 $129.60 Available Mar 1