Odsuren Bayarmaa
Status: Paying Back
| $625.00 | Loan Amount |
|---|
0% repaid
About the Entrepreneur
| Name: | Odsuren Bayarmaa |
|---|---|
| Location: | Tsetserleg, Arhangai, Mongolia |
| Activity: | Catering |
About the Loan
| Loan Amount: | $625.00 |
|---|---|
| Loan Use: | To purchase food supplies and a new stove for her business |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Possible  |
| Date Listed: | Oct 20, 2009 |
| Date Disbursed: | Oct 13, 2009 |
| Date Funded: | Oct 20, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | XacBank |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 10 months |
| Kiva Entrepreneurs: | 819 |
| Total Loans: | $894,225 |
| Delinquency Rate: | 0.38% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Mongolia |
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| Avg Annual Income: | $2,175.00 |
| Currency: | Mongolia Tugriks (MNT) |
| Exchange Rate: | 1,440.0000 MNT = 1 USD |
Bayarmaa is 46 years old and lives with her husband and two daughters, ages 17 and 12, in the Arkhangai province of Mongolia. She and her family live together in a ger, a traditional Mongolian nomadic tent, and both her daughters go to a local high school. Her husband operates a taxi service in their town while Bayarmaa operates a retail food business. She cooks the food in the family’s ger and delivers it all over town to markets and office buildings.
Bayarmaa's working capital now exceeds 450,000 tugrug (~316 USD) and she has established a loyal customer following because of her delicious, quality meals. Bayarmaa is requesting a 900,000 tugrug (~630 USD) loan so that she can purchase food supplies and a new stove for her business.
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Journal entries for Odsuren Bayarmaa
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Loan has been disbursed
Location: Tsetserleg, Arhangai, Mongolia
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Posted by
from Tsetserleg, Arhangai, Mongolia
Oct 21, 2009 |
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Comment on this entry
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Repayment Schedule for Odsuren Bayarmaa
Repayment Schedule for Odsuren Bayarmaa
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2010 | $52.08 | Available Jan 1 | |||
| February 2010 | $52.09 | Available Feb 1 | |||
| March 2010 | $51.68 | Available Mar 1 | |||
| April 2010 | $52.08 | Available Apr 1 | |||
| May 2010 | $52.09 | Available May 1 | |||
| June 2010 | $52.36 | Available Jun 1 | |||
| July 2010 | $52.08 | Available Jul 1 | |||
| August 2010 | $52.09 | Available Aug 1 | |||
| September 2010 | $52.24 | Available Sep 1 | |||
| October 2010 | $52.08 | Available Oct 1 | |||
| November 2010 | $52.09 | Available Nov 1 | |||
| December 2010 | $52.04 | Available Dec 1 | |||
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