Chimed-ochir Dorj
Status: Paying Back
| $725.00 | Loan Amount |
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16% repaid
About the Entrepreneur
| Name: | Chimed-ochir Dorj |
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| Location: | Arvaiheer, Uvurhangai, Mongolia |
| Activity: | Butcher Shop |
About the Loan
| Loan Amount: | $725.00 |
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| Loan Use: | to purchase more meat |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Sep 9, 2009 |
| Date Disbursed: | Aug 21, 2009 |
| Date Funded: | Sep 15, 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: | 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: | 1,413.0000 MNT = 1 USD |
Chimed-Ochir Dorj is a 43 year old who lives his wife and three grown children in Uvurkhangai province in central Mongolia. His two older children are college students and the youngest is a high school student. He currently operates a butcher business selling meat to local residents through a stall at the local market. He buys meat directly from herders in the countryside, while his wife sells meat at the stall. Chimed-Ochir started his business in 2001 with capital of 550,000 tugrugs ( ~1,305 USD) . Because of his and his wife's hard work and strong customer service skills, his business has been successful. He says, "I would like to give a good education to my children." Chimed-Ochir requests a 1,000,000 turgug (~704 USD) loan to purchase more meat. At the picture: Chimed-Ochir and his spouse.
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Journal entries for Chimed-ochir Dorj
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Loan has been disbursed
Location: Arvaiheer, Uvurhangai, Mongolia
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Posted by
from Arvaiheer, Uvurhangai, Mongolia
Sep 16, 2009 |
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Comment on this entry
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Repayment Schedule for Chimed-ochir Dorj
Repayment Schedule for Chimed-ochir Dorj
| Expected Repayments | Actual Repayments | Comments | |||
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| November 2009 | $60.42 | $60.42 |  Repayment Received
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| December 2009 | $60.41 | $60.49 | Repayment Received
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| January 2010 | $60.88 | Available Jan 1 | |||
| February 2010 | $60.42 | Available Feb 1 | |||
| March 2010 | $60.42 | Available Mar 1 | |||
| April 2010 | $61.06 | Available Apr 1 | |||
| May 2010 | $60.97 | Available May 1 | |||
| June 2010 | $60.42 | Available Jun 1 | |||
| July 2010 | $60.41 | Available Jul 1 | |||
| August 2010 | $60.42 | Available Aug 1 | |||
| September 2010 | $60.42 | Available Sep 1 | |||
| October 2010 | $58.75 | Available Oct 1 | |||
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