Dagvadorj Tomor
Status: Paying Back
| $300.00 | Loan Amount |
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10% repaid
About the Entrepreneur
| Name: | Dagvadorj Tomor |
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| Location: | Tsetserleg, Arhangai, Mongolia |
| Activity: | Home Products Sales |
About the Loan
| Loan Amount: | $300.00 |
|---|---|
| Loan Use: | To fix his truck and purchase some household products to sell |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Oct 6, 2009 |
| Date Disbursed: | Sep 30, 2009 |
| Date Funded: | Oct 7, 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: | 1,435.0000 MNT = 1 USD |
Dagvadorj Tomor is a 62-year-old widower. He currently lives alone in Arhangai, one of the central cities in Mongolia.
Dagvadorj owns an old truck that he uses for his business. He mostly travels to different parts of the province and sells various household products to families in the countryside. He has been in the drive-and-retail business since 2001 and has grown this business into a main source of his income.
Since the start, Dagvadorj has been quite successful and his capital has increased from 220,000 MNT (1 USD = 1,450 MNT) to 800,000 MNT. He hopes to expand his business and would like to open a small store in the most demanded area of the province.
Dagvadorj requests a loan to fix his truck and purchase some household products to sell.
Dagvadorj owns an old truck that he uses for his business. He mostly travels to different parts of the province and sells various household products to families in the countryside. He has been in the drive-and-retail business since 2001 and has grown this business into a main source of his income.
Since the start, Dagvadorj has been quite successful and his capital has increased from 220,000 MNT (1 USD = 1,450 MNT) to 800,000 MNT. He hopes to expand his business and would like to open a small store in the most demanded area of the province.
Dagvadorj requests a loan to fix his truck and purchase some household products to sell.
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Journal entries for Dagvadorj Tomor
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Loan has been disbursed
Location: Tsetserleg, Arhangai, Mongolia
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Posted by
from Tsetserleg, Arhangai, Mongolia
Oct 8, 2009 |
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Comment on this entry
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Repayment Schedule for Dagvadorj Tomor
Repayment Schedule for Dagvadorj Tomor
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2009 | $25.00 | $30.67 |  Repayment Received
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| January 2010 | $25.00 | Available Jan 1 | |||
| February 2010 | $25.00 | Available Feb 1 | |||
| March 2010 | $25.00 | Available Mar 1 | |||
| April 2010 | $25.00 | Available Apr 1 | |||
| May 2010 | $25.00 | Available May 1 | |||
| June 2010 | $25.00 | Available Jun 1 | |||
| July 2010 | $25.00 | Available Jul 1 | |||
| August 2010 | $25.00 | Available Aug 1 | |||
| September 2010 | $25.00 | Available Sep 1 | |||
| October 2010 | $25.00 | Available Oct 1 | |||
| November 2010 | $25.00 | Available Nov 1 | |||
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