Tumurbat Purev


Status: Paying Back

$725.00   Loan Amount
9% repaid

About the Entrepreneur

Name: Tumurbat Purev
Location: Arvaiheer, Uvurhangai, Mongolia
Activity: Cobbler

About the Loan

Loan Amount: $725.00
Loan Use: Purchase raw materials for shoe-making.
Repayment Term: 18 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 30, 2009
Date Disbursed: Sep 14, 2009
Date Funded:Sep 30, 2009

About the Country

Country:Mongolia
Avg Annual Income:$2,175.00
Currency:Mongolia Tugriks (MNT)
Exchange Rate:1,425.5000 MNT = 1 USD



Tumurbat Purev is 45 years old and lives with his wife and two young daughters in Uvurhangai province, one of Mongolia's central provinces. His eldest daughter is 10 and goes to a primary school. The youngest daughter is just four and stays home.


Tumurbat, a trained shoe-maker, repairs shoes for man and women at the central black market where he is busy with new and revisiting customers. He purchases raw materials such as leather and cotton from the wholesale markets in the city. Tumurbat says that with his profit, he would like to open a saving account and start putting aside some money. He requests a loan to purchase more raw materials for his shoe-making.


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Top Lending Teams for this entrepreneur


Unitarian Universalists
Religious Congregations
292 Members

St. Clare's Oxford
Alumni Groups
3 Members

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91 Members

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51 Members

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Journal entries for Tumurbat Purev


Loan has been disbursed
 
Entrepreneur: Tumurbat Purev
Location: Arvaiheer, Uvurhangai, Mongolia

Thank you for your loan. It has been disbursed to Tumurbat Purev by XacBank in Mongolia. We are excited to watch this business grow. Over the 16 months of this loan, XacBank will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Arvaiheer, Uvurhangai, Mongolia
Oct 1, 2009
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Kiva Help Repayment Schedule for Tumurbat Purev

  Expected Repayments Actual Repayments Comments
December 2009 $45.31 $71.05 Repayment Received
January 2010 $44.09 Available Jan 1  
February 2010 $45.31 Available Feb 1  
March 2010 $45.32 Available Mar 1  
April 2010 $44.82 Available Apr 1  
May 2010 $44.86 Available May 1  
June 2010 $45.31 Available Jun 1  
July 2010 $45.32 Available Jul 1  
August 2010 $45.31 Available Aug 1  
September 2010 $45.31 Available Sep 1  
October 2010 $44.82 Available Oct 1  
November 2010 $45.31 Available Nov 1  
December 2010 $45.31 Available Dec 1  
January 2011 $45.19 Available Jan 1  
February 2011 $45.31 Available Feb 1  
March 2011 $48.10 Available Mar 1