Bodildo Huan


Status: Paying Back

$1,750.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Bodildo Huan
Location: Hovd, Hovd, Mongolia
Activity: Clothing Sales

About the Loan

Loan Amount: $1,750.00
Loan Use: To purchase fall and winter clothes to sell
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 12, 2009
Date Disbursed: Sep 28, 2009
Date Funded:Nov 3, 2009

About the Country

Country:Mongolia
Avg Annual Income:$2,175.00
Currency:Mongolia Tugriks (MNT)
Exchange Rate:1,445.0000 MNT = 1 USD



Bodildo Huan is 46 years old and lives with his wife and five children in Hovd province in western Mongolia. He and his family all live together in a small house. His two oldest children currently attend university, his middle two children are secondary school students, and his youngest is in kindergarten. Huan operates a clothing trading business in his town. To supplement his income, he rents out two rooms in his house to local college students. Huan started his clothing business in 2004 and has since gained much experience in his trade. He attributes his success to the good reputation he has built with his customers. He is requesting a 2,500,000 tugrug loan to purchase fall and winter clothes to sell in the upcoming seasons.

Bodildo's wife, who runs the clothing business with him, is pictured above.

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Journal entries for Bodildo Huan


Loan has been disbursed
 
Entrepreneur: Bodildo Huan
Location: Hovd, Hovd, Mongolia

Thank you for your loan. It has been disbursed to Bodildo Huan 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 Hovd, Hovd, Mongolia
Nov 4, 2009
Comment on this entry

Kiva Help Repayment Schedule for Bodildo Huan

  Expected Repayments Actual Repayments Comments
January 2010 $194.44 Available Jan 1  
February 2010 $97.23 Available Feb 1  
March 2010 $97.22 Available Mar 1  
April 2010 $97.22 Available Apr 1  
May 2010 $97.22 Available May 1  
June 2010 $97.23 Available Jun 1  
July 2010 $97.22 Available Jul 1  
August 2010 $97.22 Available Aug 1  
September 2010 $97.22 Available Sep 1  
October 2010 $97.23 Available Oct 1  
November 2010 $97.22 Available Nov 1  
December 2010 $97.22 Available Dec 1  
January 2011 $97.22 Available Jan 1  
February 2011 $97.22 Available Feb 1  
March 2011 $97.23 Available Mar 1  
April 2011 $97.22 Available Apr 1  
May 2011 $97.22 Available May 1