Munkhdorj Enkhee


Status: Paying Back

$1,400.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Munkhdorj Enkhee
Location: Ulaanbaatar, Mongolia
Activity: Clothing Sales

About the Loan

Loan Amount: $1,400.00
Loan Use: To purchase different clothes to expand her product line
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 14, 2009
Date Disbursed: Oct 5, 2009
Date Funded:Oct 18, 2009

About the Country

Country:Mongolia
Avg Annual Income:$2,175.00
Currency:Mongolia Tugriks (MNT)
Exchange Rate:1,439.0000 MNT = 1 USD



Munkhdorj Enkhee is 48 years old and lives with her son and mother in Ulaanbaatar, the largest city and capital of Mongolia. She and her family live together in a small house in the city. Her son currently attends college and her mother is retired. Enkhee manages a clothing and consumer goods trading business from a stall at a local market. She sells a variety of clothing items and her business is most profitable during the cold winter and spring months.


After graduating college, Enkhee worked as a cook for ten years before starting her own business selling consumer goods in 1990. At this time, Mongolia was making a major transition to a democratic government and free market economy. In 2008, after several years of stable earnings, she used her savings to expand her business and began selling clothes in addition to consumer goods. She also moved to her current location at the market.


Enkhee is a very hardworking and decent person. She is very focused on making her business successful as it is the only source of income for her family. She says, "My only wish is to provide for my son's education and help him to be a better person." She is requesting a 2,000,000 MNT loan to purchase different clothes to expand her product line.


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Journal entries for Munkhdorj Enkhee


Loan has been disbursed
 
Entrepreneur: Munkhdorj Enkhee
Location: Ulaanbaatar, Mongolia

Thank you for your loan. It has been disbursed to Munkhdorj Enkhee by XacBank in Mongolia. We are excited to watch this business grow. Over the 18 months of this loan, XacBank will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ulaanbaatar, Mongolia
Oct 19, 2009
Comment on this entry

Kiva Help Repayment Schedule for Munkhdorj Enkhee

  Expected Repayments Actual Repayments Comments
January 2010 $77.78 Available Jan 1  
February 2010 $77.78 Available Feb 1  
March 2010 $77.77 Available Mar 1  
April 2010 $77.78 Available Apr 1  
May 2010 $77.78 Available May 1  
June 2010 $77.78 Available Jun 1  
July 2010 $77.77 Available Jul 1  
August 2010 $77.78 Available Aug 1  
September 2010 $77.78 Available Sep 1  
October 2010 $77.78 Available Oct 1  
November 2010 $77.77 Available Nov 1  
December 2010 $77.78 Available Dec 1  
January 2011 $77.78 Available Jan 1  
February 2011 $77.78 Available Feb 1  
March 2011 $77.78 Available Mar 1  
April 2011 $77.77 Available Apr 1  
May 2011 $77.78 Available May 1  
June 2011 $77.78 Available Jun 1