Soronzonbold Dorj
Status: Paying Back - Delinquent
| $700.00 | Loan Amount |
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4% repaid
About the Entrepreneur
| Name: | Soronzonbold Dorj |
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| Location: | Tsetserleg, Arhangai, Mongolia |
| Activity: | Fruits & Vegetables |
About the Loan
| Loan Amount: | $700.00 |
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| Loan Use: | To purchase raw wool |
| Repayment Term: | 26 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Aug 17, 2009 |
| Date Disbursed: | Jul 24, 2009 |
| Date Funded: | Aug 18, 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: | 819 |
| Total Loans: | $894,225 |
| 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: | 1,444.0000 MNT = 1 USD |
Soronzonbold Dorj is 39 years old and lives with his wife and 2 children in Arkhangai province in central Mongolia. His children currently attend a local secondary school. He has operated a raw wool trade business since 2001. He started the business with an investment of 200,000 MNT and after years of profits and savings has current working capital of 700,000 MNT. <{>
He buys raw wool from local herders in the countryside and the central market in the province capital and then sells it in Ulaanbaatar, the capital of Mongolia. Thanks to the success of his business, he has a good market share. He recently bought some livestock for breeding purposes, but his main goal is to start a vegetable-growing business. He is requesting a loan to increase his working capital for the new business.
He buys raw wool from local herders in the countryside and the central market in the province capital and then sells it in Ulaanbaatar, the capital of Mongolia. Thanks to the success of his business, he has a good market share. He recently bought some livestock for breeding purposes, but his main goal is to start a vegetable-growing business. He is requesting a loan to increase his working capital for the new business.
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Journal entries for Soronzonbold Dorj
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Loan has been disbursed
Location: Tsetserleg, Arhangai, Mongolia
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Posted by
from Tsetserleg, Arhangai, Mongolia
Aug 19, 2009 |
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Comment on this entry
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Repayment Schedule for Soronzonbold Dorj
Repayment Schedule for Soronzonbold Dorj
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| October 2009 | $29.17 | $29.17 |  Repayment Received
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| November 2009 | $29.16 | $0.00 |  Delinquent
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| December 2009 | $28.64 | Available Dec 1 | |||
| January 2010 | $29.16 | Available Jan 1 | |||
| February 2010 | $27.71 | Available Feb 1 | |||
| March 2010 | $29.17 | Available Mar 1 | |||
| April 2010 | $29.16 | Available Apr 1 | |||
| May 2010 | $29.17 | Available May 1 | |||
| June 2010 | $29.17 | Available Jun 1 | |||
| July 2010 | $29.16 | Available Jul 1 | |||
| August 2010 | $28.15 | Available Aug 1 | |||
| September 2010 | $29.16 | Available Sep 1 | |||
| October 2010 | $29.17 | Available Oct 1 | |||
| November 2010 | $29.17 | Available Nov 1 | |||
| December 2010 | $29.16 | Available Dec 1 | |||
| January 2011 | $29.17 | Available Jan 1 | |||
| February 2011 | $29.17 | Available Feb 1 | |||
| March 2011 | $29.16 | Available Mar 1 | |||
| April 2011 | $29.17 | Available Apr 1 | |||
| May 2011 | $29.17 | Available May 1 | |||
| June 2011 | $29.16 | Available Jun 1 | |||
| July 2011 | $29.17 | Available Jul 1 | |||
| August 2011 | $29.17 | Available Aug 1 | |||
| September 2011 | $32.18 | Available Sep 1 | |||
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