Soronzonbold Banzragch
Status: Paying Back
| $1,775.00 | Loan Amount |
|---|
4% repaid
About the Entrepreneur
| Name: | Soronzonbold Banzragch |
|---|---|
| Location: | Tsetserleg, Arhangai, Mongolia |
| Activity: | Transportation |
About the Loan
| Loan Amount: | $1,775.00 |
|---|---|
| Loan Use: | To purchase spare parts for his truck |
| Repayment Term: | 27 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Sep 18, 2009 |
| Date Disbursed: | Aug 25, 2009 |
| Date Funded: | Oct 14, 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: | 1,417.0000 MNT = 1 USD |
Soronzonbold Banzrach is a 43-year-old man and lives with his wife and 18-year-old daughter. He currently lives with his family in Arhangai province, one of Mongolia's central provinces. This is Soronzonbold's second Kiva loan. He took his first Kiva loan to purchase spare parts for his truck. But he needed more funds to repair his truck engine and other parts. Thus he is requesting a greater loan. He is a XacBank (Kiva's partner Microfinance institution) repeat client.
Soronzonbold has been in the trucking business since 1998. He owns an old Russian truck that he uses for carrying freight between his city and Ulaanbaatar, the capital city of Mongolia. His family is very supportive of his business and helps whenever he needs some help.
Soronzonbold says that he works hard to make sure that his daughter receives good education without any financial strain. Further, he dreams of exchanging his old truck for a new, powerful one.
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Journal entries for Soronzonbold Banzragch
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Loan has been disbursed
Location: Tsetserleg, Arhangai, Mongolia
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Posted by
from Tsetserleg, Arhangai, Mongolia
Oct 15, 2009 |
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Comment on this entry
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Repayment Schedule for Soronzonbold Banzragch
Repayment Schedule for Soronzonbold Banzragch
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2009 | $73.96 | $80.75 |  Repayment Received
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| January 2010 | $72.65 | Available Jan 1 | |||
| February 2010 | $73.96 | Available Feb 1 | |||
| March 2010 | $73.96 | Available Mar 1 | |||
| April 2010 | $73.96 | Available Apr 1 | |||
| May 2010 | $73.96 | Available May 1 | |||
| June 2010 | $73.96 | Available Jun 1 | |||
| July 2010 | $72.02 | Available Jul 1 | |||
| August 2010 | $73.96 | Available Aug 1 | |||
| September 2010 | $73.96 | Available Sep 1 | |||
| October 2010 | $73.16 | Available Oct 1 | |||
| November 2010 | $73.96 | Available Nov 1 | |||
| December 2010 | $73.96 | Available Dec 1 | |||
| January 2011 | $73.96 | Available Jan 1 | |||
| February 2011 | $73.96 | Available Feb 1 | |||
| March 2011 | $72.93 | Available Mar 1 | |||
| April 2011 | $73.96 | Available Apr 1 | |||
| May 2011 | $73.96 | Available May 1 | |||
| June 2011 | $73.96 | Available Jun 1 | |||
| July 2011 | $73.67 | Available Jul 1 | |||
| August 2011 | $73.96 | Available Aug 1 | |||
| September 2011 | $73.95 | Available Sep 1 | |||
| October 2011 | $73.96 | Available Oct 1 | |||
| November 2011 | $79.30 | Available Nov 1 | |||
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