Tserendorj Buyant
Status: Paying Back
| $2,150.00 | Loan Amount |
|---|
11% repaid
About the Entrepreneur
| Name: | Tserendorj Buyant |
|---|---|
| Location: | Arvaiheer, Uvurhangai, Mongolia |
| Activity: | Spare Parts |
About the Loan
| Loan Amount: | $2,150.00 |
|---|---|
| Loan Use: | To purchase spare parts |
| Repayment Term: | 19 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Sep 18, 2009 |
| Date Disbursed: | Aug 31, 2009 |
| Date Funded: | Sep 23, 2009 |
About the Field Partner
About the Field Partner
|
|
| Field Partner: | XacBank |
|---|---|
| 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 |
|---|---|
| Avg Annual Income: | $2,175.00 |
| Currency: | Mongolia Tugriks (MNT) |
| Exchange Rate: | 1,411.0000 MNT = 1 USD |
Tserendorj Buyant is a very decent and reliable person who lives with his daughter and wife in Uvurkhangai province, Mongolia. He started his business in 2003, selling machinery parts with his daughter. Now he is conducting his business with his wife while his daughter has started a car repair service of her own. He is known by customers to be an honest seller and everyone in his province likes to buy machinery parts from him.
He wishes to increase his sales in order to earn more profit. Now he has one container and one counter to sell his machinery parts. His budget is around in 8,000,000 tugrug (~5600 USD). From this number, you can see how good he is at his business. He is considered in his community as very experienced and intelligent. He is requesting a 3,000,000 tugrug (~2100 USD) loan to maintain and continue his business.
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Journal entries for Tserendorj Buyant
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Loan has been disbursed
Location: Arvaiheer, Uvurhangai, Mongolia
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Posted by
from Arvaiheer, Uvurhangai, Mongolia
Sep 24, 2009 |
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Comment on this entry
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Repayment Schedule for Tserendorj Buyant
Repayment Schedule for Tserendorj Buyant
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| November 2009 | $126.47 | $126.49 |  Repayment Received
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| December 2009 | $126.47 | $126.53 | Repayment Received
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| January 2010 | $125.00 | Available Jan 1 | |||
| February 2010 | $126.47 | Available Feb 1 | |||
| March 2010 | $126.47 | Available Mar 1 | |||
| April 2010 | $125.88 | Available Apr 1 | |||
| May 2010 | $125.93 | Available May 1 | |||
| June 2010 | $126.47 | Available Jun 1 | |||
| July 2010 | $126.47 | Available Jul 1 | |||
| August 2010 | $126.47 | Available Aug 1 | |||
| September 2010 | $126.47 | Available Sep 1 | |||
| October 2010 | $125.88 | Available Oct 1 | |||
| November 2010 | $126.47 | Available Nov 1 | |||
| December 2010 | $126.47 | Available Dec 1 | |||
| January 2011 | $126.32 | Available Jan 1 | |||
| February 2011 | $126.47 | Available Feb 1 | |||
| March 2011 | $129.82 | Available Mar 1 | |||
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