Nabihan Haharman


Status: Paying Back

$2,100.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Nabihan Haharman
Location: Ulgii, Bayan-ulgiy, Mongolia
Activity: Clothing Sales

About the Loan

Loan Amount: $2,100.00
Loan Use: to help pay for his children’s tuition fees
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 7, 2009
Date Disbursed: Oct 6, 2009
Date Funded:Oct 26, 2009

About the Country

Country:Mongolia
Avg Annual Income:$2,175.00
Currency:Mongolia Tugriks (MNT)
Exchange Rate:1,441.7800 MNT = 1 USD



Navihan is 50 years old and lives with his wife and two children, a daughter aged 23 and a son aged 18, in a house in the Bayan-Ulgii province of western Mongolia. His wife is unable to work because of a serious illness she contracted while working at a local mining company. Navihan, along with his daughter, operates a retail clothing business from a rented stall at the local market. Navihan’s daughter was unable to go to university when she graduated high school because of the high cost of tuition. Navihan began his business in 2004 so that he could provide a better life for his wife and children. Since then, the business profits have enabled him and his family to build a new home. Navihan not only wants to expand his clothing stall into a large clothing shop, but he also wants to be able to pay for both of his children to go to university so that they can get a good education. Navihan is requesting a 3,000,000 tugrug (~2100 USD) loan to both purchase more clothes so that he can offer more products to his customers, and to help pay for his children’s tuition fees.

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Journal entries for Nabihan Haharman


Loan has been disbursed
 
Entrepreneur: Nabihan Haharman
Location: Ulgii, Bayan-ulgiy, Mongolia

Thank you for your loan. It has been disbursed to Nabihan Haharman by XacBank in Mongolia. We are excited to watch this business grow. Over the 17 months of this loan, XacBank will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ulgii, Bayan-ulgiy, Mongolia
Oct 27, 2009
Comment on this entry

Kiva Help Repayment Schedule for Nabihan Haharman

  Expected Repayments Actual Repayments Comments
January 2010 $117.18 Available Jan 1  
February 2010 $117.21 Available Feb 1  
March 2010 $123.91 Available Mar 1  
April 2010 $117.71 Available Apr 1  
May 2010 $118.79 Available May 1  
June 2010 $116.36 Available Jun 1  
July 2010 $117.19 Available Jul 1  
August 2010 $116.23 Available Aug 1  
September 2010 $117.56 Available Sep 1  
October 2010 $116.32 Available Oct 1  
November 2010 $116.54 Available Nov 1  
December 2010 $116.97 Available Dec 1  
January 2011 $117.31 Available Jan 1  
February 2011 $116.97 Available Feb 1  
March 2011 $117.00 Available Mar 1  
April 2011 $117.07 Available Apr 1  
May 2011 $117.17 Available May 1  
June 2011 $102.51 Available Jun 1