Nigmet Halim


Status: Paying Back

$1,050.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Nigmet Halim
Location: Ulgii, Bayan-ulgiy, Mongolia
Activity: Fuel/Firewood

About the Loan

Loan Amount: $1,050.00
Loan Use: to buy a larger, more reliable delivery truck
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 8, 2009
Date Disbursed: Sep 25, 2009
Date Funded:Oct 17, 2009

About the Country

Country:Mongolia
Avg Annual Income:$2,175.00
Currency:Mongolia Tugriks (MNT)
Exchange Rate:1,450.0000 MNT = 1 USD



Nigmet is 45 years old and lives with his wife and two youngest children in the Bayan-Ulgii province of Mongolia. He and his family live together in a ger, a traditional Mongolian nomadic tent. His oldest son lives and works in Ulaanbaatar, the capital city of Mongolia, while the younger children attend a local university in Bayan-Ulgii. Nigmet operates a coal delivery business in his town. Coal is an important energy source here in Mongolia because not everyone has access to, or can afford electricity. He began this business in 2006 after managing another transport business for 7 years. Nigmet delivers coal to contracted businesses and individuals all over town. During his three years in operation, he has gained a lot of business experience and a strong customer base. He says, “All I want is to be able to afford my children’s education and to buy a larger delivery truck in the future”. Nigmet is requesting a 1,500,000 tugrug (~1050 USD) loan in order to be able to buy a larger, more reliable delivery truck for his business.

Subscribe

Lenders to this entrepreneur

Billy Ray Valentine
Tokyo,
Japan

Bosi
Berlin, KivaFriends.org
Germany

Brian
Fairbanks, AK
United States

Cloudia
Adelaide, SA
Australia

Anonymous
Denver, CO
United States

Mongolia Car Rental
Ulaanbaatar, -
Mongolia

David
San Antonio, TX
United States

Laurent D
Brussels,
Belgium

EXHALE
Singapore, Singapore
Singapore

Steve
Kent
United Kingdom

Hope
Denver, CO
United States

Ron
Calgary, Alberta
Canada

carol
Vigo, Pontevedra
Spain

Holger
Munich,
Germany

Philippe
Royat,
France

dan & charla
Louisburg, NC
United States

Sean
CHICAGO, IL
United States

Douglas
Lund,
Sweden

US in Maryland
Shady Side, MD
United States

Scott
Ridgefield, Connecticut
United States

Shane
Bluffton, IN
United States

Philip & Vera
Philadelphia, PA
United States

Melanie
Englewood, CO
United States

Tanis
Calgary, Alberta
Canada

Nathan
Maylands, Western Australia
Australia

Richena
VA
United States

Andreas
Feldkirch,
Austria

mark
healesville, Victoria
Australia

Authentic Jobs
Salt Lake City, UT
United States

taho
Paris,
France

william
Bay Head, NJ
United States

Anonymous
Richmond Hill, Georgia
United States

TIM
Purcellville, VA
United States

THERESA & ALI
DOYLESTOWN, PA
United States

Jamie
Memphis, TN
United States

Richard
Belmont, MA
United States

Benjamin
Toulouse,
France

Anonymous
Macon, GA
United States



Top Lending Teams for this entrepreneur


Team Europe
Local Area
1241 Members

Southwood and Friends
Religious Congregations
38 Members

Australia
Local Area
1494 Members

Mongolia
Common Interest
50 Members

Anyware Technologies
Businesses
7 Members

Journal entries for Nigmet Halim


Loan has been disbursed
 
Entrepreneur: Nigmet Halim
Location: Ulgii, Bayan-ulgiy, Mongolia

Thank you for your loan. It has been disbursed to Nigmet Halim by XacBank in Mongolia. We are excited to watch this business grow. Over the 11 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 18, 2009
Comment on this entry

Kiva Help Repayment Schedule for Nigmet Halim

  Expected Repayments Actual Repayments Comments
January 2010 $87.50 Available Jan 1  
February 2010 $87.41 Available Feb 1  
March 2010 $86.89 Available Mar 1  
April 2010 $87.21 Available Apr 1  
May 2010 $87.33 Available May 1  
June 2010 $86.63 Available Jun 1  
July 2010 $87.04 Available Jul 1  
August 2010 $87.13 Available Aug 1  
September 2010 $87.45 Available Sep 1  
October 2010 $87.34 Available Oct 1  
November 2010 $178.07 Available Nov 1