Chultem Dashzeveg
Status: Paying Back
| $1,425.00 | Loan Amount |
|---|
8% repaid
About the Entrepreneur
| Name: | Chultem Dashzeveg |
|---|---|
| Location: | Tsetserleg, Arhangai, Mongolia |
| Activity: | Taxi |
About the Loan
| Loan Amount: | $1,425.00 |
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| Loan Use: | To purchase spare parts to repair his car |
| Repayment Term: | 26 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Sep 5, 2009 |
| Date Disbursed: | Aug 21, 2009 |
| Date Funded: | Sep 8, 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: | 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: | 1,414.0000 MNT = 1 USD |
Chultem has run a taxi business since 2005 and has gained a lot of experience in the last four years. He is a 45-year-old humble hardworking man, who lives with his family in Arkhangai province in central Mongolia. His two older children are university students and the youngest attends a secondary school.
His business has been quite successful, as Chultem has increased his working capital from 100,000 tugrugs (~70 USD) to 800,000 tugrugs (~560 USD). The success of his business brings him profits that have enabled him to pay his childrens' university tuition fees. His wife takes care of their livestock which provide for their family's dairy and meat needs. Chultem says, "My dream is to see my children educated and having a quality life." He is requesting a 2,000,000 tugrug (~1,380 USD) loan to purchase spare parts to repair his car.
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Journal entries for Chultem Dashzeveg
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Loan has been disbursed
Location: Tsetserleg, Arhangai, Mongolia
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Posted by
from Tsetserleg, Arhangai, Mongolia
Sep 9, 2009 |
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Comment on this entry
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Repayment Schedule for Chultem Dashzeveg
Repayment Schedule for Chultem Dashzeveg
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| November 2009 | $59.37 | $59.53 |  Repayment Received
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| December 2009 | $59.38 | $59.90 | Repayment Received
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| January 2010 | $59.37 | Available Jan 1 | |||
| February 2010 | $59.38 | Available Feb 1 | |||
| March 2010 | $59.37 | Available Mar 1 | |||
| April 2010 | $59.38 | Available Apr 1 | |||
| May 2010 | $58.52 | Available May 1 | |||
| June 2010 | $59.37 | Available Jun 1 | |||
| July 2010 | $57.10 | Available Jul 1 | |||
| August 2010 | $59.37 | Available Aug 1 | |||
| September 2010 | $59.38 | Available Sep 1 | |||
| October 2010 | $59.37 | Available Oct 1 | |||
| November 2010 | $59.37 | Available Nov 1 | |||
| December 2010 | $59.38 | Available Dec 1 | |||
| January 2011 | $59.37 | Available Jan 1 | |||
| February 2011 | $59.38 | Available Feb 1 | |||
| March 2011 | $59.37 | Available Mar 1 | |||
| April 2011 | $59.38 | Available Apr 1 | |||
| May 2011 | $59.37 | Available May 1 | |||
| June 2011 | $59.38 | Available Jun 1 | |||
| July 2011 | $59.37 | Available Jul 1 | |||
| August 2011 | $59.38 | Available Aug 1 | |||
| September 2011 | $59.37 | Available Sep 1 | |||
| October 2011 | $62.52 | Available Oct 1 | |||
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