Enkhtaivan Adiyasuren


Status: Paying Back

$1,650.00   Loan Amount
6% repaid

About the Entrepreneur

Name: Enkhtaivan Adiyasuren
Location: Tsetserleg, Arhangai, Mongolia
Activity: Milk Sales

About the Loan

Loan Amount: $1,650.00
Loan Use: to purchase more milk and dairy products for her business.
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 11, 2009
Date Disbursed: Sep 3, 2009
Date Funded:Sep 14, 2009

About the Country

Country:Mongolia
Avg Annual Income:$2,175.00
Currency:Mongolia Tugriks (MNT)
Exchange Rate:1,412.0000 MNT = 1 USD



Enkhtaivan Adiyasuren, a 36-year-old businesswoman, lives with her husband and two children in Arkhangai province in central Mongolia. Both of her children currently attend a local secondary school. Enkhtaivan operates a small milk and dairy products business in her town. She purchases milk and dairy products from local farmers and sells them throughout her community.



Enkhtaivan started her milk and dairy trade business in 1998 with capital of 500,000 tugrugs (approx. 345 USD). She has gained much selling and business experience since she started, and attributes her success to her good business sense and hard-working attitude. Today, her working capital exceeds 2,000,000 tugrugs (approx. 1,381 USD) For the future, Enkhtaivan says, “My plan is to expand my business even more and save for my children's future”.



Enkhtaivan is requesting a 2,314,000 tugrug (approx. $1,598 USD) loan to purchase more milk and dairy products for her business.


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Journal entries for Enkhtaivan Adiyasuren


Loan has been disbursed
 
Entrepreneur: Enkhtaivan Adiyasuren
Location: Tsetserleg, Arhangai, Mongolia

Thank you for your loan. It has been disbursed to Enkhtaivan Adiyasuren by XacBank in Mongolia. We are excited to watch this business grow. Over the 10 months of this loan, XacBank will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Tsetserleg, Arhangai, Mongolia
Sep 15, 2009
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Kiva Help Repayment Schedule for Enkhtaivan Adiyasuren

  Expected Repayments Actual Repayments Comments
December 2009 $104.11 $104.13 Repayment Received
January 2010 $104.10 Available Jan 1  
February 2010 $104.11 Available Feb 1  
March 2010 $104.10 Available Mar 1  
April 2010 $104.11 Available Apr 1  
May 2010 $104.10 Available May 1  
June 2010 $104.11 Available Jun 1  
July 2010 $104.10 Available Jul 1  
August 2010 $104.11 Available Aug 1  
September 2010 $713.05 Available Sep 1