Chuluundorj Natsagdorj
Status: Paying Back
| $2,475.00 | Loan Amount |
|---|
4% repaid
About the Entrepreneur
| Name: | Chuluundorj Natsagdorj |
|---|---|
| Location: | Ulaanbaatar, Mongolia |
| Activity: | Clothing Sales |
About the Loan
| Loan Amount: | $2,475.00 |
|---|---|
| Loan Use: | to purchase more varieties of jeans |
| Repayment Term: | 26 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Sep 29, 2009 |
| Date Disbursed: | Sep 8, 2009 |
| Date Funded: | Oct 21, 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: | 1,424.0000 MNT = 1 USD |
Chuluundorj is a 24 year old single man who lives in his own home in Ulaanbaatar, the capital city of Mongolia. He operates a jeans retail trading business in a rented stall in the largest out-door market, Narantuul in the city. He started his business in 2005 with working capital of 1,000,000 tugrug (~700 USD) and a daily profit between 30,000 and 50,000 tugrug (~21-35 USD). Chuluundorj wants to expand his business and save enough money so that he can get married and start a family. He is requesting a 3,500,000 tugrug (~2460 USD) to purchase more varieties of jeans so that he can attract new customers.
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Journal entries for Chuluundorj Natsagdorj
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Loan has been disbursed
Location: Ulaanbaatar, Mongolia
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Posted by
from Ulaanbaatar, Mongolia
Oct 22, 2009 |
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Comment on this entry
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Repayment Schedule for Chuluundorj Natsagdorj
Repayment Schedule for Chuluundorj Natsagdorj
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2009 | $103.12 | $103.14 |  Repayment Received
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| January 2010 | $103.13 | Available Jan 1 | |||
| February 2010 | $103.12 | Available Feb 1 | |||
| March 2010 | $103.13 | Available Mar 1 | |||
| April 2010 | $103.12 | Available Apr 1 | |||
| May 2010 | $103.13 | Available May 1 | |||
| June 2010 | $103.12 | Available Jun 1 | |||
| July 2010 | $103.13 | Available Jul 1 | |||
| August 2010 | $103.12 | Available Aug 1 | |||
| September 2010 | $103.13 | Available Sep 1 | |||
| October 2010 | $103.12 | Available Oct 1 | |||
| November 2010 | $103.13 | Available Nov 1 | |||
| December 2010 | $103.12 | Available Dec 1 | |||
| January 2011 | $103.13 | Available Jan 1 | |||
| February 2011 | $103.12 | Available Feb 1 | |||
| March 2011 | $103.13 | Available Mar 1 | |||
| April 2011 | $103.12 | Available Apr 1 | |||
| May 2011 | $103.13 | Available May 1 | |||
| June 2011 | $103.12 | Available Jun 1 | |||
| July 2011 | $103.13 | Available Jul 1 | |||
| August 2011 | $103.12 | Available Aug 1 | |||
| September 2011 | $103.12 | Available Sep 1 | |||
| October 2011 | $103.13 | Available Oct 1 | |||
| November 2011 | $103.13 | Available Nov 1 | |||
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