Ahtankajaa Seteer


Status: Paying Back

$700.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Ahtankajaa Seteer
Location: Hovd, Hovd, Mongolia
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $700.00
Loan Use: To purchase two tons of beets and three tons of carrots to sell
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 21, 2009

About the Country

Country:Mongolia
Avg Annual Income:$2,175.00
Currency:Mongolia Tugriks (MNT)
Exchange Rate:1,439.5000 MNT = 1 USD



Ahtankajaa Seteer is 48 years old and lives with his wife and two children in Hovd province in western Mongolia. He lives together with his family in a ger, a traditional Mongolian nomadic tent. His son currently attends a local secondary school and his younger daughter is in kindergarten.

Ahtankajaa operates a vegetable trading business in his town. He grows and sells a variety of vegetables at the local market. Due to the short growing season and long winters in Mongolia, Ahtankajaa preserves most of his vegetables through the winter and sells them in the spring when demand is high. He purchases vegetables from other farmers to sell during the fall and winter months.

Ahtankajaa started his business in 2004 when he began growing vegetables on two hectares (5 acres) of land he owns. Since then, he has built a stable operation and hopes to expand in the near future by planting more vegetables. He is requesting a 1,000,000 tugrug loan to purchase two tons of beets and three tons of carrots to sell.


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Journal entries for Ahtankajaa Seteer


Loan has been disbursed
 
Entrepreneur: Ahtankajaa Seteer
Location: Hovd, Hovd, Mongolia

Thank you for your loan. It has been disbursed to Ahtankajaa Seteer by XacBank in Mongolia. We are excited to watch this business grow. Over the 12 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
Oct 22, 2009
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Kiva Help Repayment Schedule for Ahtankajaa Seteer

  Expected Repayments Actual Repayments Comments
January 2010 $58.33 Available Jan 1  
February 2010 $58.34 Available Feb 1  
March 2010 $58.33 Available Mar 1  
April 2010 $58.33 Available Apr 1  
May 2010 $58.34 Available May 1  
June 2010 $58.33 Available Jun 1  
July 2010 $58.33 Available Jul 1  
August 2010 $58.33 Available Aug 1  
September 2010 $58.34 Available Sep 1  
October 2010 $58.33 Available Oct 1  
November 2010 $58.33 Available Nov 1  
December 2010 $58.34 Available Dec 1