Erdenejargal Daribazar
Status: Paying Back
| $925.00 | Loan Amount |
|---|
About the Entrepreneur
| Name: | Erdenejargal Daribazar |
|---|---|
| Location: | Tsetserleg, Arhangai, Mongolia |
| Activity: | Auto Repair |
About the Loan
| Loan Amount: | $925.00 |
|---|---|
| Loan Use: | To buy supplies for her auto repair business |
| Repayment Term: | 26 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Aug 18, 2009 |
| Date Disbursed: | Jul 27, 2009 |
| Date Funded: | Aug 19, 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 |
|---|---|
| Avg Annual Income: | $2,175.00 |
| Currency: | Mongolia Tugriks (MNT) |
| Exchange Rate: | 1,444.0000 MNT = 1 USD |
Erdenejargal is married and the mother of three children. The older children, Batbulgan and Battungalag, attend a local secondary school. The family is socially open-minded, and they have a positive outlook on life.
Their business capital has increased from 200,000 tugrugs (~ $138 US) when they started their business to a current amount exceeding 600,000 tugrugs (~ $414 US). The success of the business has greatly improved the family's quality of life. Erdenejargal says, “As the business begins to operates more steadily, I plan to hand over control to my husband, so I can work as a teacher.” She is requesting a loan of 1,300,000 tugrugs (~ $900 US) to buy supplies for her auto repair business.
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Journal entries for Erdenejargal Daribazar
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Loan has been disbursed
Location: Tsetserleg, Arhangai, Mongolia
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Posted by
from Tsetserleg, Arhangai, Mongolia
Aug 20, 2009 |
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Comment on this entry
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Repayment Schedule for Erdenejargal Daribazar
Repayment Schedule for Erdenejargal Daribazar
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| October 2009 | $38.54 | $38.67 |  Repayment Received
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| November 2009 | $38.54 | $39.02 | Repayment Received
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| December 2009 | $37.80 | $37.23 | Repayment Received
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| January 2010 | $38.55 | Available Jan 1 | |||
| February 2010 | $38.54 | Available Feb 1 | |||
| March 2010 | $38.54 | Available Mar 1 | |||
| April 2010 | $38.54 | Available Apr 1 | |||
| May 2010 | $38.54 | Available May 1 | |||
| June 2010 | $37.99 | Available Jun 1 | |||
| July 2010 | $38.54 | Available Jul 1 | |||
| August 2010 | $38.54 | Available Aug 1 | |||
| September 2010 | $38.09 | Available Sep 1 | |||
| October 2010 | $38.55 | Available Oct 1 | |||
| November 2010 | $38.92 | Available Nov 1 | |||
| December 2010 | $38.54 | Available Dec 1 | |||
| January 2011 | $38.54 | Available Jan 1 | |||
| February 2011 | $38.55 | Available Feb 1 | |||
| March 2011 | $38.54 | Available Mar 1 | |||
| April 2011 | $38.54 | Available Apr 1 | |||
| May 2011 | $38.54 | Available May 1 | |||
| June 2011 | $38.54 | Available Jun 1 | |||
| July 2011 | $38.55 | Available Jul 1 | |||
| August 2011 | $38.54 | Available Aug 1 | |||
| September 2011 | $39.90 | Available Sep 1 | |||
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