Munkhtogtokh Nyamdorj
Status: Paying Back
| $2,800.00 | Loan Amount |
|---|
4% repaid
About the Entrepreneur
| Name: | Munkhtogtokh Nyamdorj |
|---|---|
| Location: | Arvaiheer, Uvurhangai, Mongolia |
| Activity: | Furniture Making |
About the Loan
| Loan Amount: | $2,800.00 |
|---|---|
| Loan Use: | to buy more wood and furniture making supplies for his business. |
| Repayment Term: | 26 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Sep 22, 2009 |
| Date Disbursed: | Sep 7, 2009 |
| Date Funded: | Sep 22, 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: | 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: | 1,417.5000 MNT = 1 USD |
Munkhtogtokh is 42 years old and lives with his wife and four children in Uyurkhangai province of Mongolia. The three oldest children attend high school, while the youngest child is at home. Munkhtogtokh makes furniture in his own shop near the family home. He started this business in 1996 and has since made quality furnishings for the people of his town. Munkhtogtokh wants to one day own a stall in the large central market where he can expand his customer base, sell more furniture and further improve his family’s financial situation. In the 13 years of owning his business, Munkhtogtokh has not only gained experience and knowledge in making quality furniture products, but he has also gained business knowledge. He is requesting a 3,960,000 tugrug (~2800 USD) loan to buy more wood and furniture making supplies for his business.
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Journal entries for Munkhtogtokh Nyamdorj
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Loan has been disbursed
Location: Arvaiheer, Uvurhangai, Mongolia
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Posted by
from Arvaiheer, Uvurhangai, Mongolia
Sep 23, 2009 |
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Comment on this entry
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Repayment Schedule for Munkhtogtokh Nyamdorj
Repayment Schedule for Munkhtogtokh Nyamdorj
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2009 | $116.67 | $126.44 |  Repayment Received
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| January 2010 | $116.66 | Available Jan 1 | |||
| February 2010 | $114.36 | Available Feb 1 | |||
| March 2010 | $116.67 | Available Mar 1 | |||
| April 2010 | $112.46 | Available Apr 1 | |||
| May 2010 | $112.66 | Available May 1 | |||
| June 2010 | $116.67 | Available Jun 1 | |||
| July 2010 | $116.67 | Available Jul 1 | |||
| August 2010 | $114.98 | Available Aug 1 | |||
| September 2010 | $115.08 | Available Sep 1 | |||
| October 2010 | $116.66 | Available Oct 1 | |||
| November 2010 | $116.67 | Available Nov 1 | |||
| December 2010 | $116.67 | Available Dec 1 | |||
| January 2011 | $114.33 | Available Jan 1 | |||
| February 2011 | $116.66 | Available Feb 1 | |||
| March 2011 | $116.67 | Available Mar 1 | |||
| April 2011 | $116.67 | Available Apr 1 | |||
| May 2011 | $116.66 | Available May 1 | |||
| June 2011 | $116.67 | Available Jun 1 | |||
| July 2011 | $116.67 | Available Jul 1 | |||
| August 2011 | $116.66 | Available Aug 1 | |||
| September 2011 | $116.01 | Available Sep 1 | |||
| October 2011 | $116.67 | Available Oct 1 | |||
| November 2011 | $133.45 | Available Nov 1 | |||
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