Bayarkhuu Avidai

Status: Paying Back

$2,825.00		Loan Amount

0% repaid

About the Entrepreneur

Name:	Bayarkhuu Avidai
Location:	Ulaangom, Uvs, Mongolia
Activity:	Grocery Store

About the Loan

Loan Amount:	$2,825.00
Loan Use:	purchase a greater amount and variety of groceries for his business.
Repayment Term:	20 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Possible
Date Listed:	Sep 22, 2009
Date Disbursed:	Sep 16, 2009
Date Funded:	Sep 27, 2009

About the Field Partner

Field Partner:

XacBank

Field Partner Risk Rating:

(Learn more)

Active

10 months

819

$894,225

0.38%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Mongolia
Avg Annual Income:	$2,175.00
Currency:	Mongolia Tugriks (MNT)
Exchange Rate:	1,417.5000 MNT = 1 USD

Bayarkhuu is 38 years old and lives with his wife and four children in Uvs province of Mongolia. He and his family live in their own home with two children attending high school while the younger two children attend primary school. Bayatkhuu and his wife operate a grocery trading business in the local market where they import between 3,000,000 and 6,000,000 tugrug (~2100-4200 USD) of products per month from both China and Ulaanbaatar, the capital city of Mongolia. They started this business in 2002 and quickly gained a reputation as great customer service providers. Bayatkhuu wants to grow his business so that he may own his own grocery shop and so that he can send his children to university. He is requesting a 4,000,000 tugrug (~2800 USD) loan so that he can purchase a greater amount and variety of groceries for his business.

Lenders to this entrepreneur

Ann
Sydney, NSW
Australia

Ronald
Nashville, MI
United States

Christine
Memphis, TN
United States

Brian
Fairbanks, AK
United States

David
Boulder City, NV
United States

Josh & Amanda
Seattle, WA
United States

martin
kalundborg, dk
Denmark

Chris
Garden Grove, CA
United States

Benjamin
Toulouse,
France

dennis
Cameron, MO
United States

Larry
Kansas City, MO
United States

festival
Montreal, Quebec
Canada

Jim
Corryton, TN
United States

Anonymous
Carmel, CA
United States

Anika
San Diego, CA
United States

Elizabeth
Bainbridge Island, WA
United States

Michael
Appleton, WI
United States

Matt
Madison, NJ
United States

Mark
APO, AE
United States

Stanley
Garden Grove, CA
United States

Tyler
Naperville, IL
United States

Christopher
Washington, DC
United States

Ryan
Edmonton, Alberta
Canada

Minh Yen
Garden Grove, CA
United States

Michael
Sydney, New South Wales
Australia

sejal
london, London
United Kingdom

Anonymous

Jay
Lincoln, MA
United States

Lawrence & Laurie
Saint John, NB
Canada

Joe
Jersey City, NJ
United States

Koen
Amsterdam,
Netherlands

Outdoor Talk - Members
United States, TN
United States

Kevin
Moline, IL
United States

Ryan
Vancouver, WA
United States

thien
San Francisco, CA
United States

Pim
Nijmegen, Gelderland
Netherlands

Mongolia Car Rental
Ulaanbaatar, -
Mongolia

Anonymous
Leesburg, VA
United States

Kyle
Austin, TX
United States

Sharon
Toronto, Ontario
Canada

Chris
Sudbury, MA
United States

Jeremy
Briar Hill, Victoria
Australia

Edith
Brooklyn, NY
United States

Kristine
sayville, NY
United States

Kam
sunnyside, NY
United States

Peter
Brunswick West, Victoria
Australia

Steve
Bowling Green, KY
United States

Mark
Rockford, IL
United States

Gibby
Los Angeles, CA
United States

Bill
Jacksboro, TX
United States

Robert
Harvard, MA
United States

Anonymous

Steven
Redwood City, CA
United States

Janice
Roswell, NM
United States

Andrew
San Francisco, CA
United States

Helen
Seal Beach, CA
United States

starr
isanti, MN
United States

Michel
Toronto, Ontario
Canada

Joanne
Falls Church, VA
United States

Dave
Novato, CA
United States

Monodb
Saratoga, CA
United States

Ben
Wasilla, AK
United States

Anonymous
camberwell, Victoria
Australia

Clive
Hong Kong,
Hong Kong

Hudora

Germany

Ellyn
Cold Spring, NY
United States

Bruce
Mulberry, FL
United States

Andreas
Zurich,
Switzerland

Hero's Club

Chad & Sherry
Plattsmouth, NE
United States

Jeff
Cold Spring, NY
United States

Rosie
Sheridan, WY
United States

Jeremy
colorado springs, CO
United States

Dan
Dunmore, PA
United States

Jon
San Diego, CA
United States

Irene
Danville, CA
United States

Joseph
Cranston, RI
United States

Peter
Potomac, MD
United States

Gregory
Sewickley, PA
United States

Evgeniy
Sofia, Sofia
Bulgaria

Leo
American Fork, UT
United States

Elaine
Sorrento, FL
United States

Stan Busk
Denia, Alicante
Spain

Steven
St. Paul, MN
United States

Robert
Lexington, MA
United States

Bill & Shirlene
Maple Shade, NJ
United States

Jing
San Francisco, CA
United States

Alan
Arlington, VA
United States

Mark
Tustin, CA
United States

Glenn
London,
United Kingdom

smutterly
Stratford, London
United Kingdom

Barbara
Schwalbach, Hessen
Germany

matt

Tom
APO, AE
United States

Kelly
Santa Barbara, CA
United States

krasen
Seattle, WA
United States

Rebecca
Melrose, MA
United States

Top Lending Teams for this entrepreneur

Kiva Team - Bulgaria
Local Area
22 Members

DeVry University
Alumni Groups
16 Members

GLBT (Gay, Lesbian, Bisexual, Transgender) Kivans & Friends
Common Interest
1616 Members

lesbygay.com
Common Interest
3 Members

Atheists, Agnostics, Skeptics, Freethinkers, Secular Humanists and the Non-Religious
Common Interest
7035 Members

Journal entries for Bayarkhuu Avidai

Loan has been disbursed Entrepreneur: Bayarkhuu Avidai Location: Ulaangom, Uvs, Mongolia Thank you for your loan. It has been disbursed to Bayarkhuu Avidai by XacBank in Mongolia. We are excited to watch this business grow. Over the 18 months of this loan, XacBank will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Ulaangom, Uvs, Mongolia Sep 28, 2009
Comment on this entry

Repayment Schedule for Bayarkhuu Avidai

Show Advanced

	Expected Repayments	Actual Repayments	Comments
December 2009	$0.71	$0.71	Repayment Received
January 2010	$201.78	Available Jan 1
February 2010	$201.79	Available Feb 1
March 2010	$201.78	Available Mar 1
April 2010	$201.79	Available Apr 1
May 2010	$0.70	Available May 1
June 2010	$0.71	Available Jun 1
July 2010	$0.71	Available Jul 1
August 2010	$201.78	Available Aug 1
September 2010	$201.79	Available Sep 1
October 2010	$201.78	Available Oct 1
November 2010	$201.79	Available Nov 1
December 2010	$201.78	Available Dec 1
January 2011	$201.79	Available Jan 1
February 2011	$201.79	Available Feb 1
March 2011	$201.78	Available Mar 1
April 2011	$201.79	Available Apr 1
May 2011	$198.96	Available May 1