Jantsandorj Byamba
Status: Paying Back
| $425.00 | Loan Amount |
|---|
About the Entrepreneur
| Name: | Jantsandorj Byamba |
|---|---|
| Location: | Harhorin, Uvurhangai, Mongolia |
| Activity: | Auto Repair |
About the Loan
| Loan Amount: | $425.00 |
|---|---|
| Loan Use: | To purchase repair parts and tools in order to decrease his repair time and increase his sales |
| Repayment Term: | 12 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Oct 13, 2009 |
| Date Disbursed: | Oct 5, 2009 |
| Date Funded: | Oct 15, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | XacBank |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 10 months |
| Kiva Entrepreneurs: | 811 |
| Total Loans: | $887,300 |
| 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: | 1,439.0000 MNT = 1 USD |
Byamba, with the help of his youngest brother, operates a car repair business in his town. He began his business in 1998 and has since then been successful enough to buy a microbus and garage. He has also been able to purchase some land nearby where he hopes to begin farming soon.
Byamba is requesting a 600,000 tugrug (about $420) loan in order to purchase some repair parts and tools. These will help him decrease his repair time and increase his sales.
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Journal entries for Jantsandorj Byamba
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Loan has been disbursed
Location: Harhorin, Uvurhangai, Mongolia
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Posted by
from Harhorin, Uvurhangai, Mongolia
Oct 16, 2009 |
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Comment on this entry
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Repayment Schedule for Jantsandorj Byamba
Repayment Schedule for Jantsandorj Byamba
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2010 | $42.50 | Available Jan 1 | |||
| February 2010 | $42.50 | Available Feb 1 | |||
| March 2010 | $42.50 | Available Mar 1 | |||
| April 2010 | $42.50 | Available Apr 1 | |||
| May 2010 | $42.50 | Available May 1 | |||
| June 2010 | $42.50 | Available Jun 1 | |||
| July 2010 | $42.50 | Available Jul 1 | |||
| August 2010 | $42.50 | Available Aug 1 | |||
| September 2010 | $42.50 | Available Sep 1 | |||
| October 2010 | $42.50 | Available Oct 1 | |||
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